Output volatility and savings in a stochastic Goodwin economy
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DOI: 10.1007/s40822-017-0088-7
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Cited by:
- Jungeilges, Jochen & Ryazanova, Tatyana, 2019. "Transitions in consumption behaviors in a peer-driven stochastic consumer network," Chaos, Solitons & Fractals, Elsevier, vol. 128(C), pages 144-154.
- Hejie Zhang & Huiming Lv & Shenghau Lin, 2021. "Financial Development, Saving Rates, and International Economic Volatility: A Simple Model," Mathematics, MDPI, vol. 9(16), pages 1-20, August.
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More about this item
Keywords
Non-linear oscillator; Stochastic perturbation; Co-existing attractors; Stochastic sensitivity analysis; Lyapunov exponent; Income volatility;All these keywords.
JEL classification:
- C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
- E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
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