Analysis of the Goodwin business cycle model with discrete delay and distributed delay in induced investment
Year: 2024
Type: conference-paper
Abstract: In this paper, a Goodwin model of business cycle with both discrete and distributed delays is considered. With the corresponding characteristic equation analyzed, the linear stability of the equilibrium is investigated. Numerical simulations are carried out to study the excitation conditions of the long-periodic Goodwin oscillations.
Author: A.O. Antonova
Institution: National University "Kyiv Aviation Institute"
Language: English
Topic: Economic Theory and Policy
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4405536896
