Work

Local Hopf Birurcation and Stability of Limit Cycle in a Delayed Kaldor-Kalecki Model

Year: 2009
Type: article
Abstract: We consider a delayed Kaldor-Kalecki business cycle model. We first consider the existence of local Hopf bifurcation, and we establish an explicit algorithm for determining the direction of the Hopf bifurcation and the stability or instability of the bifurcating branch of periodic solutions using the methods presented by O. Diekmann et al. in [1]. In the end, we conclude with an application.
Language: English
Open Access status: diamond
OpenAlex ID: W35323959
FWCI: 0.418
Cites: 13
Cited by: 9
Related to: 8