CYCLES AND CHAOS IN A SOCIALIST ECONOMY

被引：23
|
作者：
HOMMES, CH
NUSSE, HE
SIMONOVITS, A
机构：
[1] UNIV GRONINGEN,FAC ECON SCI & ECONOMETR,9700 AV GRONINGEN,NETHERLANDS
[2] UNIV AMSTERDAM,FAC ECON SCI & ECONOMETR,1018 WB AMSTERDAM,NETHERLANDS
[3] HUNGARIAN ACAD SCI,INST ECON,H-1112 BUDAPEST,HUNGARY
来源：
JOURNAL OF ECONOMIC DYNAMICS & CONTROL | 1995年 / 19卷 / 1-2期
关键词：
ATTRACTORS; BORDER-CROSSING BIFURCATIONS; CHAOTIC DYNAMICS; HICKSIAN NONLINEARITIES; SOCIALIST ECONOMY;
D O I：
10.1016/0165-1889(93)00778-3
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper deals with the dynamics of a continuous piecewise linear model of a socialist economy. The model has Hicksian-type nonlinearities: it is a linear model with ceilings and floors. Although the model is quite simple, it produces a variety of different new phenomena. In addition to stable cycles appearing in Simonovits (1991b), we demonstrate chaotic and quasi-periodic behavior. We investigate how the dynamics of the model depends on the control parameters, and encounter border-crossing bifurcations (a rather new type of local bifurcation).
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页码：155 / 179
页数：25
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