Abstract
In this paper we consider a discontinuous one-dimensional piecewise linear model describing a neoclassical growth model. These kind of maps are widely used in the applied context. We determine the analytical expressions of border collision bifurcation curves, responsible for the observed dynamics, which consists of attracting cycles of any period and of quasiperiodic trajectories in exceptional cases.
| Original language | English |
|---|---|
| Pages (from-to) | 1625-1639 |
| Number of pages | 15 |
| Journal | Mathematics and Computers in Simulation |
| Issue number | 81 |
| DOIs | |
| Publication status | Published - 2011 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 8 Decent Work and Economic Growth
All Science Journal Classification (ASJC) codes
- Theoretical Computer Science
- General Computer Science
- Numerical Analysis
- Modelling and Simulation
- Applied Mathematics
Keywords
- Economic Growth Models
- border collision bifurcations
- piecewise linear maps
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