Complex Motion in Business Cycle Models

  • Günter Gabisch
  • Hans-Walter Lorenz
Part of the Universitext book series (UTX)

Abstract

The models described in the preceding chapters have been analyzed by means of mathematical techniques which belong to the nowadays standard and basic knowledge in the theory of dynamical systems. While the Poincaré-Bendixson theorem, the special features of the van der Pol equation or the Liénard equation etc. have been used for a fairly long time especially in engineering problems, it is the introduction of these concepts into economics which is relatively new. In this sense, it may be appropriate to label the techniques used in Chapter 4 as classical methods.

Keywords

Depression Manifold Income Librium Nite 

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Copyright information

© Springer-Verlag Berlin Heidelberg 1989

Authors and Affiliations

  • Günter Gabisch
    • 1
  • Hans-Walter Lorenz
    • 1
  1. 1.Volkswirtschaftliches SeminarGeorg -August-Universität GöttingenGöttingenGermany

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