This paper develops a one-sector productive overlapping generations model with environment where a CES technology is assumed. Relying on numerical and geometrical approaches, various dynamic properties of the proposed model are explored: the existence of the phenomenon of multistability or the coexistence of different attractors was demonstrated. Finally, we describe a nontypical global bifurcation which determines the appearance of an attracting cycle.
|Autori:||SODINI M; NAIMZADA A|
|Titolo:||Multiple Attractors and Nonlinear Dynamics in an Overlapping Generations Model with Environment|
|Anno del prodotto:||2010|
|Digital Object Identifier (DOI):||10.1155/2010/503695|
|Appare nelle tipologie:||1.1 Articolo in rivista|