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.
Lingua originaleEnglish
pagine (da-a)1625-1639
Numero di pagine15
RivistaMathematics and Computers in Simulation
DOI
Stato di pubblicazionePubblicato - 2011

Keywords

  • Economic Growth Models
  • border collision bifurcations
  • piecewise linear maps

Fingerprint Entra nei temi di ricerca di 'Endogenous cycles in discontinuous growth models'. Insieme formano una fingerprint unica.

Cita questo