A special dynamic system is analyzed which describes Goodwin.s business cycle model (Goodwin, 1951). In realistic economies there are time delays in both investment and consumption. The two time delays have a signi.cant e.ect on the asymptotic behavior of the system. Without delay the system is locally asymptotically stable with reasonable parameter selection, however in the presence of delays stability might be lost. This paper gives a complete stability analysis of the delayed system by determining the stability switch curves and characterizing the directions of the stability switches based on the monotonic properties of the curves
This article aims at analysing a two-sector economic growth model with discrete delays. The focus is...
Abstract—Nonlinearity is an important characteristic of complex system, is generally believed that t...
The main purpose of this paper is to consider effects caused by time delays on stability of continuo...
Abstract: An elementary analysis is developed to determine the stability region of certain classes o...
WOS: 000444369900011The research subject of many studies is the asymptotical behavior of dynamic sys...
This paper deals with the impact of two discrete-time delays on the basic Goodwin growth cycle model...
In this paper, we reconsider the Goodwin 1967 growth-cycle model, where the antagonistic relationshi...
This paper deals with the impact of two discrete-time delays on the basic Goodwin growth cycle model...
This paper reexamines the Lotka-Volterra competition model with two delays. The steady state is show...
AbstractIn this paper, we analyze a augmented IS-LM business cycle model with the capital accumulati...
In the paper we analyze the Kaldor–Kalecki model of business cycle. The time delay is introduced to ...
In considering economic dynamics, it has been known that time delays are inherent in economic phenom...
The main purpose of this paper is to consider effects caused by time delays on stability of continuo...
This article aims at analysing a two-sector economic growth model with discrete delays. The focus i...
An elementary analysis is developed to determine the stability region of certain classes of ordinary...
This article aims at analysing a two-sector economic growth model with discrete delays. The focus is...
Abstract—Nonlinearity is an important characteristic of complex system, is generally believed that t...
The main purpose of this paper is to consider effects caused by time delays on stability of continuo...
Abstract: An elementary analysis is developed to determine the stability region of certain classes o...
WOS: 000444369900011The research subject of many studies is the asymptotical behavior of dynamic sys...
This paper deals with the impact of two discrete-time delays on the basic Goodwin growth cycle model...
In this paper, we reconsider the Goodwin 1967 growth-cycle model, where the antagonistic relationshi...
This paper deals with the impact of two discrete-time delays on the basic Goodwin growth cycle model...
This paper reexamines the Lotka-Volterra competition model with two delays. The steady state is show...
AbstractIn this paper, we analyze a augmented IS-LM business cycle model with the capital accumulati...
In the paper we analyze the Kaldor–Kalecki model of business cycle. The time delay is introduced to ...
In considering economic dynamics, it has been known that time delays are inherent in economic phenom...
The main purpose of this paper is to consider effects caused by time delays on stability of continuo...
This article aims at analysing a two-sector economic growth model with discrete delays. The focus i...
An elementary analysis is developed to determine the stability region of certain classes of ordinary...
This article aims at analysing a two-sector economic growth model with discrete delays. The focus is...
Abstract—Nonlinearity is an important characteristic of complex system, is generally believed that t...
The main purpose of this paper is to consider effects caused by time delays on stability of continuo...