UNICA IRIS Institutional Research Information System
IRIS è il sistema di gestione integrata dei dati della ricerca (persone, progetti, pubblicazioni, attività) adottato dall'Università degli Studi di Cagliari dal mese di luglio 2015.
EnglishIn this paper we analyze the global structure of a tree-dimensional abstract continuous time stationary economic model that includes some determinates parameters. We use rigorous arguments to show as an equilibrium of the model could be destabilized into a stable cycle in the dynamic of R3 under the following two alternative assumptions. a) A steady state has three stable roots. b) A closed orbit has a two dimensional manifolds in which it is asymptotically stable, Next we apply this results to some related economic-financials models as a general new businesses IS-LM model as formulated by Neri and Venturi 2007, that undergo Hopf bifurcations for some parameters values. JEL classification: C62, E32 Keywords: deterministic cycles, Hoph bifurcations, stability of periodic orbits
Scheda prodotto non validato
Attenzione! I dati visualizzati non sono stati sottoposti a validazione da parte dell'ateneo
| Titolo: | Some Note about the Existence and Stability of Periodic solutions in non linear three-dimensional Economic Financial Models |
| Autori: | |
| Data di pubblicazione: | 2007 |
| Abstract: | In this paper we analyze the global structure of a tree-dimensional abstract continuous time stationary economic model that includes some determinates parameters. We use rigorous arguments to show as an equilibrium of the model could be destabilized into a stable cycle in the dynamic of R3 under the following two alternative assumptions. a) A steady state has three stable roots. b) A closed orbit has a two dimensional manifolds in which it is asymptotically stable, Next we apply this results to some related economic-financials models as a general new businesses IS-LM model as formulated by Neri and Venturi 2007, that undergo Hopf bifurcations for some parameters values. JEL classification: C62, E32 Keywords: deterministic cycles, Hoph bifurcations, stability of periodic orbits |
| Handle: | http://hdl.handle.net/11584/17142 |
| ISBN: | 978-88-464-9056-8 |
| Tipologia: | 2.1 Contributo in volume (Capitolo o Saggio) |
File in questo prodotto:
Copyright © 2021