Dynamical analysis of Kaldor business cycle model with variable depreciation rate of capital stock

In this paper, the Kaldor business cycle model with variable depreciation rate of the capital stock are investigate the existence, uniqueness and stability of the positive equilibrium point, and the existence of the periodic solution and Hopf bifurcation respectively. Finally, we analyze the dynamic...

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Bibliographic Details
Main Authors: Junjie Mao, Xiaowei Liu
Format: Article
Language:English
Published: AIMS Press 2020-04-01
Series:AIMS Mathematics
Subjects:
Online Access:https://www.aimspress.com/article/10.3934/math.2020213/fulltext.html