| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 1889689 | Chaos, Solitons & Fractals | 2011 | 5 Pages |
Abstract
⺠We examine the existence of cycles in Solow-Kalecki type economic growth models. ⺠Cobb-Douglas type production functions and time delay are not sufficient for the economy to behave cyclic. ⺠When capital dependent population dynamics are incorporated, the model induces Hopf bifurcation.
Related Topics
Physical Sciences and Engineering
Physics and Astronomy
Statistical and Nonlinear Physics
Authors
Mustafa Kerem Yüksel,