The unique limit cycle in post Keynesian theory

Hiroki Murakami ()

Chaos, Solitons & Fractals, 2022, vol. 154, issue C

Abstract: This paper establishes not only the existence and uniqueness of a limit cycle (representing persistent growth cycles) but also the convergence of every non-equilibrium solution path (describing the state of the economy) to the unique limit cycle in post Keynesian theory.

Keywords: Convergence; Growth cycle; Keynesian theory; Unique limit cycle (search for similar items in EconPapers)
JEL-codes: C62 E12 E32 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eee:chsofr:v:154:y:2022:i:c:s0960077921009516

DOI: 10.1016/j.chaos.2021.111597

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