Neimark–Sacker bifurcation for the discrete-delay Kaldor model

We consider a discrete-delay time, Kaldor nonlinear business cycle model in income and capital. Given an investment function, resembling the one discussed by Rodano, we use the linear approximation analysis to state the local stability property and local bifurcations, in the parameter space. Finally, we will give some numerical examples to justify the theoretical results.