Business Cycles and Torus in the Non-homogeneous Multiplier-Accelerator Model
This paper analyzes the well known multiplier-accelerator model from a mathematical point of view. It introduces non-linear components to standard linear models. Using the theory of normal forms, the existence of the stable non-homogeneous invariant torus has been shown.
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Yaroslavl State University
2009-12-01
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| Series: | Моделирование и анализ информационных систем |
| Subjects: | |
| Online Access: | https://www.mais-journal.ru/jour/article/view/963 |