Qualitative Analysis of the Goodwin Model of the Growth Cycle || Análisis cualitativo del modelo de Goodwin de ciclos de crecimiento
Goodwin's model is a set of ordinary differential equations and is a well-known model of the growth cycle. However, its four constants require an extensive numerical study of its two differential equations to identify all possible unsteady state behaviors, i.e. phase portraits, which correspond...
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| Format: | Article |
| Language: | English |
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Universidad Pablo de Olavide
2017-06-01
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| Series: | Revista de Métodos Cuantitativos para la Economía y la Empresa |
| Subjects: | |
| Online Access: | https://www.upo.es/revistas/index.php/RevMetCuant/article/view/2694/2153 |