Article contents
Decomposition method for solving a nonlinear business cycle model
Published online by Cambridge University Press: 17 February 2009
Abstract
In this paper we present a Kaleckian-type model of a business cycle based on a nonlinear delay differential equation. A numerical algorithm based on a decomposition scheme is implemented for the approximate solution of the model. The numerical results of the underlying equation show that the business cycle is stable.
- Type
- Research Article
- Information
- Copyright
- Copyright © Australian Mathematical Society 2003
References
- 2
- Cited by