Multi-Dimensional, First-Order, Linear Systems: Characterization

Oded Galor

Chapter Chapter 3 in Discrete Dynamical Systems, 2007, pp 59-91 from Springer

Abstract: Abstract This chapter characterizes the trajectory of a vector of state variables in multi-dimensional, first-order, linear dynamical systems. It examines the trajectories of these systems when the matrix of coefficients has real eigenvalues and the vector of state variables converges or diverges in a monotonic or oscillatory fashion towards or away from a steady-state equilibrium that is characterized by either a saddle point or a stable or unstable (improper) node. In addition, it examines the trajectories of these linear dynamical systems when the matrix of coefficients has complex eigenvalues and the system is therefore characterized by a spiral sink, a spiral source, or a periodic orbit.

Keywords: Periodic Orbit; Real Eigenvalue; Complex Eigenvalue; Linear Dynamical System; Stable Node (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-36776-5_3

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DOI: 10.1007/3-540-36776-4_3

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