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Global Stability of an Economic Model with a Continuous Delay of Kaldor Type Modified

Aka Fulgence Nindjin, Tetchi Albin N’guessan, Sahoua Hypolithe Okou A Kpetihi and Kessé Tiban Tia

International Journal of Differential Equations, 2018, vol. 2018, 1-18

Abstract:

This paper studies continuous nonlinear economic dynamics with a continuous delay of a Kaldor type modified in dimension two. The important results are, on the one hand, the boundedness of solutions, the existence of an attractive set, and the permanence of the system and, on the other hand, the local and global stability of equilibrium points.

Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnijde:7212795

DOI: 10.1155/2018/7212795

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