Simple-Zero and Double-Zero Singularities of a Kaldor-Kalecki Model of Business Cycles with Delay

We study the Kaldor-Kalecki model of business cycles with delay in both the gross product and the capital stock. Simple-zero and double-zero singularities are investigated when bifurcation parameters change near certain critical values. By performing center manifold reduction, the normal forms on th...

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Bibliographic Details
Main Author: Xiaoqin P. Wu
Format: Article
Language:English
Published: Wiley 2009-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2009/923809
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