Dynamical analysis of Kaldor business cycle model with variable depreciation rate of capital stock

AIMS Mathematics

Xiaowei Liu¹  Junjie Mao¹ 

[1] School of Mathematics and Statistics, Qilu University of Technology(Shandong Academy of Sciences), Jinan 250353, China;

关键词: kaldor business cycle model;    stability;    hopf bifurcation;    periodic solution;   

DOI  :  10.3934/math.2020213

来源: DOAJ

【 摘 要 】

In this paper, the Kaldor business cycle model with variable depreciation rate of the capital stock are investigate the existence, uniqueness and stability of the positive equilibrium point, and the existence of the periodic solution and Hopf bifurcation respectively. Finally, we analyze the dynamic behaviors of the specific system and perform numerical simulations.

【 授权许可】

Unknown