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On the bifurcation of a torus in a small open economy model

In: Tatra Mountains Mathematical Publications, vol. 48, no. 1
Katarína Makovínyiová - Rudolf Zimka
Detaily:
Rok, strany: 2011, 125 - 134
Kľúčové slová:
equilibrium, macroeconomic model, stability, torus
Full text
O článku:
A four-dimensional macroeconomic model of a small open economy under fixed exchange rates is investigated. The model describes the development of national income, capital stock, interest rate and money stock. Sufficient conditions for the existence of an invariant torus are given. A numerical example illustrating the gained results is presented
Ako citovať:
ISO 690:
Makovínyiová, K., Zimka, R. 2011. On the bifurcation of a torus in a small open economy model. In Tatra Mountains Mathematical Publications, vol. 48, no.1, pp. 125-134. 1210-3195.

APA:
Makovínyiová, K., Zimka, R. (2011). On the bifurcation of a torus in a small open economy model. Tatra Mountains Mathematical Publications, 48(1), 125-134. 1210-3195.