Public spending in a model of endogenous growth with habit formation.
Simple-zero and double-zero singularities of a Kaldor-Kalecki model of business cycles with delay.
Some recent applications of functional equations to the social and behavioral sciences. Further problems.
Stability, instability and complex behavior in macrodynamic models with policy lag.
Stable solutions to homogeneous difference-differential equations with constant coefficients: Analytical instruments and an application to monetary theory
In economic systems, reactions to external shocks often come with a delay. On the other hand, agents try to anticipate future developments. Both can lead to difference-differential equations with an advancing argument. These are more difficult to handle than either difference or differential equations, but they have the merit of added realism and increased credibility. This paper generalizes a model from monetary economics by von Kalckreuth and Schröder. Working out its stability properties, we...
Technological changes on the macroeconomic level -- mathematical modeling.