کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5099166 1376990 2009 11 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Note on Goodwin's 1951 nonlinear accelerator model with an investment delay
کلمات کلیدی
موضوعات مرتبط
مهندسی و علوم پایه ریاضیات کنترل و بهینه سازی
پیش نمایش صفحه اول مقاله
Note on Goodwin's 1951 nonlinear accelerator model with an investment delay
چکیده انگلیسی
This paper reexamines Goodwin's business cycle model with nonlinear acceleration principle that gives rise to cyclic oscillations when its stationary state is locally unstable. Fixed time delay in the investment is replaced by continuously distributed time delay. It is first demonstrated that the latter has stronger stabilizing effect than the former and, second, that multiple limit cycles may coexist when the stationary state is locally stable.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Dynamics and Control - Volume 33, Issue 4, April 2009, Pages 832-842
نویسندگان
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