Homoclinic and Heteroclinic Motions in Economic Models with Exogenous Shocks
oraz | 01 sty 2016
O artykule
Data publikacji: 01 sty 2016
Zakres stron: 1 - 10
Otrzymano: 01 cze 2015
Przyjęty: 25 paź 2015
DOI: https://doi.org/10.21042/AMNS.2016.1.00001
Słowa kluczowe
© 2016 Marat Akhmet, Mehmet Onur Fen, published by Sciendo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.
In this study, we theoretically prove the presence of homoclinic and heteroclinic motions in the dynamics of economic models perturbed with exogenous shocks. An illustrative example based on the Kaldor model of the aggregate economy is presented.