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Cycles of two competing macroeconomic systems within a certain version of the Goodwin model
D. A. Kulikova, O. V. Baevab a P.G. Demidov Yaroslavl State University
b The Academy of Law Management of the Federal Penal Service of Russia
Abstract:
In this paper, we examine the problem of competitive interaction of two macroeconomic systems. As the basic model, the well-known Goodwin model is chosen. We obtain sufficient conditions under which stable limit cycles can appear in the system considered.
Keywords:
Goodwin model, competition, economic cycle, stability, bifurcation, asymptotic formula.
Citation:
D. A. Kulikov, O. V. Baeva, “Cycles of two competing macroeconomic systems within a certain version of the Goodwin model”, Algebra, geometry, differential equations, Itogi Nauki i Tekhniki. Sovrem. Mat. Pril. Temat. Obz., 216, VINITI, Moscow, 2022, 76–87
Linking options:
https://www.mathnet.ru/eng/into1083 https://www.mathnet.ru/eng/into/v216/p76
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Abstract page: | 41 | Full-text PDF : | 20 | References: | 18 |
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