| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 1816986 | Physica B: Condensed Matter | 2006 | 5 Pages |
Abstract
The Kaldor model-one of the first nonlinear models of macroeconomics-is modified to incorporate a Preisach nonlinearity. The new dynamical system thus created shows highly complicated behaviour. This paper presents a rigorous (computer aided) proof of chaos in this new model, and of the existence of unstable periodic orbits of all minimal periods p>57.
Related Topics
Physical Sciences and Engineering
Physics and Astronomy
Condensed Matter Physics
Authors
Hugh A. Mc Namara, Alexei V. Pokrovskii,