Dynamic Analysis for a Kaldor–Kalecki Model of Business Cycle with Time Delay and Diffusion Effect
The dynamics behaviors of Kaldor–Kalecki business cycle model with diffusion effect and time delay under the Neumann boundary conditions are investigated. First the conditions of time-independent and time-dependent stability are investigated. Then, we find that the time delay can give rise to the Ho...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Hindawi-Wiley
2018-01-01
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Series: | Complexity |
Online Access: | http://dx.doi.org/10.1155/2018/1263602 |