Analysis of the Goodwin business cycle model with discrete delay and distributed delay in induced investment
Abstract In this paper, a Goodwin model of business cycle with both discrete and distributed delays is considered. With the corresponding characteristic equation analyzed, the linear stability of the equilibrium is investigated. Numerical simulations are carried out to study the excitation conditions of the long-periodic Goodwin oscillations.
Authors
- A. O. Antonova (ORCID: https://orcid.org/0000-0003-1488-9309)
Institutions
- National University "Kyiv Aviation Institute" (UA)
Publication Details
- Journal
- Journal of Physics Conference Series
- Published
- 2024-12-01
- DOI
- https://doi.org/10.1088/1742-6596/2910/1/012006
- Primary Topic
- Economic theories and models
- Type
- article
- Field-Weighted Citation Impact
- 0.00