Related papers: An Analysis of Pseudo-Goodwin Cycles in a Wage-Led…
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…
This paper investigates Minsky's cycles by extending the paper of stockhammer et al. (2019) with a nonlinear model to capture possible local real-financial endogenous cycles. We trace nonlinear regime changes and check the presence of…
The Goodwin model of endogenous growth looks to study the dynamic interaction between employment rate and worker's share of national income in an economy. The model is simplistically and elegantly described by a set of differential…
We perform econometric tests on a modified Goodwin model where the capital accumulation rate is constant but not necessarily equal to one as in the original model (Goodwin, 1967). In addition to this modification, we find that addressing…
The paper introduces the concept of asynchronous pseudo-system. Its purpose is to correct/generalize/continue the study of the asynchronous systems (the models of the asynchronous circuits) that has been started in [1], [2].
In this work, approximate and exact results concerning a performance measure of the MGinf system, the age or the excess of the busy cycle, are presented. It will be seen that it is also a measure of the busy period performance. Service…
This paper deals with a general class of observation-driven time series models with a special focus on time series of counts. We provide conditions under which there exist strict-sense stationary and ergodic versions of such processes. The…
To understand the sophisticated control mechanisms of the human's endocrine system is a challenging task that is a crucial step towards precise medical treatment of many disfunctions and diseases. Although mathematical models describing the…
This paper is a brief and informal presentation of cirquent calculus, a novel proof system for resource-conscious logics. As such, it is a refinement of sequent calculus with mechanisms that allow to explicitly account for the possibility…
In this article, I present a new approach and a novel model to the study of the life cycle of wages. The key idea is that wage can be thought as remuneration paid for the competency. It is assumed with the approach that there are three…
The Keen model is a mathematical model that describes the dynamic evolution of wages, employment, and debt based on the known Minsky's Financial Instability Hypothesis. It consists of three first order nonlinear ordinary differential…
The business cycles are generated by the oscillating macro-/micro-/nano- economic output variables in the economy of the scale and the scope in the amplitude/frequency/phase/time domains in the economics. The accurate forward looking…
Dynamical descriptions and modeling of natural systems have generally focused on fixed points, with saddles and saddle-based phase-space objects such as heteroclinic channels/cycles being central concepts behind the emergence of…
A simple model of a buying-selling cycle is proposed. The model comprises two moves: a rational buying and a random selling. The notion of a profit intensity is introduced. Supply and demand curves and geometrical interpretation are…
We propose a stochastic map model of economic dynamics. In the last decade, an array of observations in economics has been investigated in the econophysics literature, a major example being the universal features of inequality in terms of…
The aim of this work is to develop a theory parallel to that of motivic complexes based on cycles and correspondences with coefficients in quadratic forms. This framework is closer to the point of view of $\mathbb{A}^1$-homotopy than the…
We study a class of dynamical systems which generalizes and unifies some models arising in the analysis of switched flow systems in manufacturing. General properties of these dynamical systems, called pseudo billiards, as well as some their…
In this paper, we study a general Syracuse problem. We give some necessary conditions concerning the existence of eventual non trivial cycles. Some properties based on linear logarithmic forms are established. New general conjectures are…
Given a family of systems, identifying stabilizing switching signals in terms of infinite walks constructed by concatenating cycles on the underlying directed graph of a switched system that satisfy certain conditions, is a well-known…
In this short note, we simply collect some known results about representing algebraic cycles by various kind of "nice" (e.g. smooth, local complete intersection, products of local complete intersection) algebraic cycles, up to rational…