FLUCTUATIONS IN A MIXED IS-LM BUSINESS CYCLE MODEL

被引:0
|
作者
Kaddar, Abdelilah [1 ]
Alaoui, Hamad Talibi [1 ]
机构
[1] Chouaib Doukkali Univ, Fac Sci, Dept Math, El Jadida, Morocco
关键词
IS-LM business cycle; mixed differential equations; Hopf bifurcation; periodic solutions;
D O I
暂无
中图分类号
O29 [应用数学];
学科分类号
070104 ;
摘要
In the present paper, we extend a delayed IS-LM business cycle model by introducing an additional advance (anticipated capital stock) in the investment function. The resulting model is represented in terms of mixed differential equations. For the deviating argument T (advance and delay) being a bifurcation parameter we investigate the local stability and the local Hopf bifurcation. Also some numerical simulations are given to support the theoretical analysis.
引用
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页数:9
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