A discrete mathematical model for chaotic dynamics in economics: Kaldor's model on business cycle

被引：14
作者：
Orlando, Giuseppe [1 ]
机构：
[1] Univ Bari Aldo Moro, Dept Econ & Math Methods, Via C Rosalba 53, I-70124 Bari, Italy
来源：
MATHEMATICS AND COMPUTERS IN SIMULATION | 2016年 / 125卷
关键词：
Numerical chaos; Applications to economics; Economic dynamics; EMBEDDING DIMENSION; TIME-SERIES; SYMPLECTIC-GEOMETRY; ATTRACTOR; RECONSTRUCTION; PERSISTENCE; EXISTENCE;
D O I：
10.1016/j.matcom.2016.01.001
中图分类号：
TP39 [计算机的应用];
学科分类号：
081203 ; 0835 ;
摘要：
This paper, following Kaldor's approach, is written with the intention of interpreting fluctuations of economic systems (i.e trade cycles). In particular, a new discretized Kaldor model is proposed, which is also useful to explain what appears to be random and unpredictable, such as economic shocks. Moreover, by using numerical analysis, the chaoticity of the model is demonstrated. (C) 2016 International Association for Mathematics and Computers in Simulation (IMACS). Published by Elsevier B.V. All rights reserved.
引用
收藏
页码：83 / 98
页数：16
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