Name
Abstract | ||
|---|---|---|
•A nonlinear business cycle model with expectation is formulated based on rational expectation hypothesis.•Theoretical results including stability, Hopf bifurcation and its direction and stability are obtained.•The effects of expectation and delay on nonlinear business cycle model are investigated.•Simulations are conducted to discuss the dynamic behaviors of the business cycle model.•Some suggestions on inhibiting the abnormal economic fluctuations are proposed. |
Year | DOI | Venue |
|---|---|---|
2015 | 10.1016/j.cnsns.2015.02.003 | Communications in Nonlinear Science and Numerical Simulation |
Keywords | DocType | Volume |
Hopf bifurcation,Stability,Direction,Expectation,Delay,Business cycle | Journal | 25 |
Issue | ISSN | Citations |
1 | 1007-5704 | 2 |
PageRank | References | Authors |
0.60 | 3 | 4 |
Name | Order | Citations | PageRank |
|---|---|---|---|
| xiangdong liu | 1 | 2 | 0.60 |
| wenli cai | 2 | 2 | 1.28 |
| jiajun lu | 3 | 2 | 0.60 |
| yangyang wang | 4 | 2 | 0.60 |