Periodic cycles in the Solow model with a delay effect
The three natural modifications of the known mathematical macroeconomics model of macroeconomics are studied in which a delay factor is presumed. This led to the replacement of the ordinary differential equation, which cannot exhibit periodic cycles on the equations with a deviating argument (funct...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Vilnius Gediminas Technical University
2019-03-01
|
| Series: | Mathematical Modelling and Analysis |
| Subjects: | |
| Online Access: | https://journals.vgtu.lt/index.php/MMA/article/view/5382 |