Local and Global Dynamics in a Discrete Time Growth Model with Nonconcave Production Function
We study the dynamics shown by the discrete time neoclassical one-sector growth model with differential savings while assuming a nonconcave production function. We prove that complex features exhibited are related both to the structure of the coexixting attractors and to their basins. We also show t...
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| Hlavní autoři: | , , |
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| Médium: | Artigo |
| Jazyk: | Inglês |
| Vydáno: |
Wiley
2012-01-01
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| Edice: | Discrete Dynamics in Nature and Society |
| On-line přístup: | http://dx.doi.org/10.1155/2012/536570 |
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