Local Hopf Birurcation and Stability of Limit Cycle in a Delayed Kaldor-Kalecki Model
We consider a delayed Kaldor-Kalecki business cycle model. We first consider the existence of local Hopf bifurcation, and we establish an explicit algorithm for determining the direction of the Hopf bifurcation and the stability or instability of the bifurcating branch of periodic solutions using th...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Vilnius University Press
2009-07-01
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| Series: | Nonlinear Analysis |
| Subjects: | |
| Online Access: | http://www.zurnalai.vu.lt/nonlinear-analysis/article/view/14499 |