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Dynamics of Discrete Time Systems with a Hysteresis Stop Operator
- Publication Year :
- 2016
-
Abstract
- We consider a piecewise linear two-dimensional dynamical system that couples a linear equation with the so-called stop operator. Global dynamics and bifurcations of this system are studied depending on two parameters. The system is motivated by modifications to general-equilibrium macroeconomic models that attempt to capture the frictions and memory-dependence of realistic economic agents.
- Subjects :
- Mathematics - Dynamical Systems
37E99, 37E05, 37N40
Subjects
Details
- Database :
- arXiv
- Publication Type :
- Report
- Accession number :
- edsarx.1605.00584
- Document Type :
- Working Paper