Bifurkasi Hopf pada siklus bisnis IS-LM tanpa dan dengan waktu tunda
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Date
2015Author
Mahestyanti, Puri
Nugrahani, Endar H
Kusnanto, Ali
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One of business cycle models in dynamical economics is the IS-LM business cycle model with time delay, where the time delay lies in stock capital variables. It is a time delay between the existence of stock capital and the time to get ready to invest. In a model without time delay, changing the parameter of investment rate on income could affect the system stability. On the other hand, in a model with time delay, there exists critical time delay changing the system stability. This shows limit cycle, which can be concluded that Hopf bifurcation occurs
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- UT - Mathematics [1432]