Related papers: Delayed Keen Model with Inflation
This paper presents a general solution for a recent model by Keen for endogenous money creation. The solution provides an analytic framework that explains all significant dynamical features of Keen's model and their parametric dependence,…
The idea of dissipative mechanical system with delay is proposed. The paper studies the phenomenon of dissipation with delay for Euler-Poincare systems on Lie algebras or equivalently, for Lie-Poisson systems on the duals of Lie algebras.…
Inflation exhibits state-dependent, skewed, and fat-tailed dynamics that make risk a central concern for monetary policy. Accordingly, inflation risks are distributional and cannot be fully captured by mean-based models. We propose a…
Kinetic exchange models have been successful in explaining the shape of the income/wealth distribution in the economies. However, such models usually make some ad-hoc assumptions when it comes to determining the savings factor. Here, we…
How does public debt matter for price stability? If it is useful for the private sector to insure idiosyncratic risk, even transitory government debt expansions can exert upward pressure on interest rates and create inflation. As I…
We study the effects of time delayed linear and nonlinear feedbacks on the dynamics of a single Hopf bifurcation oscillator. Our numerical and analytic investigations reveal a host of complex temporal phenomena such as phase slips,…
We consider a model of inflation consisting a single fluid with a time-dependent equation of state. In this phenomenological picture, two periods of inflation are separated by an intermediate non-inflationary stage which can be either a…
We examine a system of N=2 coupled non-linear delay-differential equations representing financial market dynamics. In such time delay systems, coupled oscillations have been derived. We linearize the system for small time delays and study…
We analyze a three-dimensional Keen--Goodwin model that couples wage--employment dynamics with Minsky-style private debt. At zero real interest the interior equilibrium is nonhyperbolic and organized by a two-dimensional center manifold…
A new family of inflationary models is introduced and analysed. The behaviour of the parameters characterising the models suggest preferred values, which generate the most interesting testable predictions. Results are further improved if…
Logistic functions are good models of biological population growth. They are also popular in marketing in modelling demand-supply curves and in a different context, to chart the sales of new products over time. Delays being inherent in any…
We introduce the concept of inflationary twin models, that is, a class of generalized (kinetic or "K-inflation") field theories which lead exactly to the same cosmological evolution during the inflationary period as a given standard scalar…
In this paper, time delay effect and distributed shear are considered in the Kuramoto model. On the Ott-Antonsen's manifold, through analyzing the associated characteristic equation of the reduced functional differential equation, the…
In this paper, we consider a general single population model with delay and patch structure, which could model the population loss during the dispersal. It is shown that the model admits a unique positive equilibrium when the dispersal rate…
Reaction-diffusion systems with time-delay defined on complex networks have been studied in the framework of the emergence of Turing instabilities. The use of the Lambert W-function allowed us get explicit analytic conditions for the onset…
It is known that Lotka - Volterra type differential equations with delays or distributed delays have an important role in modeling ecological systems. In this paper we study the effects of distributed delay on the dynamics of the harvested…
The decoherence of quantum fluctuations into classical perturbations during inflation is discussed. A simple quantum mechanical argument, using a spatial particle wavefunction rather than a field description, shows that observable…
We propose a class of inflation models in which the coefficient of the inflaton kinetic term rapidly changes with energy scale. This may occur especially if the inflaton moves over a long distance during inflation as in the case of…
We obtain models of chaotic, slow--roll, hybrid and D--term inflation from the Hanany--Witten brane configuration and its deformations. The deformations are given by the different orientations of the branes and control the parameters of the…
This paper focuses on Hopf bifurcation control in a dual model of Internet congestion control algorithms which is modeled as a delay differential equation (DDE). By choosing communication delay as a bifurcation parameter, it has been…