| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 1890063 | Chaos, Solitons & Fractals | 2007 | 12 Pages |
Abstract
The paper investigates the impact of delayed tax revenues on the fiscal policy out-comes. Choosing the delay as a bifurcation parameter we study the direction and the stability of the bifurcating periodic solutions. We show when the system is stable with respect to the delay. Some numerical examples are given to confirm the theoretical results.
Related Topics
Physical Sciences and Engineering
Physics and Astronomy
Statistical and Nonlinear Physics
Authors
Mihaela Neamţu, Dumitru Opriş, Constantin Chilaˇrescu,