Numerical Analysis of Two Coupled Kaldor-Kalecki Models with Delay

• Authors: B. Jackowska-Zduniak , U. Grzybowska , A. Orłowski
• Languages of publication: EN

Abstracts

EN

This paper is concerned with two coupled Kaldor-Kalecki models of business cycles with delays in both the gross product and the capital stock. We consider two types of investment functions that lead to different behavior of the system. We introduce the model with unidirectional coupling to investigate the influence of a global economy (like the European Union) on a local economy (like Poland). We present detailed results of numerical analysis.

Keywords

EN

89.65.Gh; 88.05.Lg; 05.45.-a; 02.60.Lj; 05.45.Xt

Discipline

• 88.05.Lg: Economic issues; sustainability; cost trends
• 05.45.-a: Nonlinear dynamics and chaos(see also section 45 Classical mechanics of discrete systems; for chaos in fluid dynamics, see 47.52.+j; for chaos in superconductivity, see 74.40.De)
• 02.60.Lj: Ordinary and partial differential equations; boundary value problems
• 89.65.Gh: Economics; econophysics, financial markets, business and management(for economic issues regarding production and use of renewable energy, see 88.05.Lg)
• 05.45.Xt: Synchronization; coupled oscillators

• Journal: Acta Physica Polonica A
• Year: 2015
• Volume: 127
• Issue: 3A
• Pages: A-70-A-74

Dates

published

2015-03

Contributors

author

B. Jackowska-Zduniak

• Department of Informatics, Warsaw University of Life Sciences, Nowoursynowska 159, 02-776 Warszawa, Poland

author

U. Grzybowska

• Department of Informatics, Warsaw University of Life Sciences, Nowoursynowska 159, 02-776 Warszawa, Poland

author

A. Orłowski

• Department of Informatics, Warsaw University of Life Sciences, Nowoursynowska 159, 02-776 Warszawa, Poland

References

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Identifiers

DOI

10.12693/APhysPolA.127.A-70