时滞ISLM商业循环模型的Hopf分支.pdfVIP

Classified Index：， U.D.C.: Dissertation for the Master Degree in Science HOPF BIFURCATION IN THE IS-LM BUSINESS CYCLE MODEL WITH TIME DELAY Candidate： Yagbanga Niella Prudence Marthange Supervisor： Prof. Dr. Jiang Weihua Academic Degree Applied for : Master of Science Major ： Applied Mathematics Affiliation ： Dept. Of Mathematics, school of science Date of Defense ： June, 2011 Degree-Conferring-Institution： Harbin Institute of Technology Dissertation for the Master Degree in Science, HIT Abstract The distinction between investment decisions and implementation leads us to formulate a new IS-LM business cycle model. Since the 1930s, the IS-LM model has been the standard framework for macroeconomic analysis. In the past two decades economists devotes particular attention to study phenomena like cycles and complex dynamics related with the existence of indeterminate equilibria in financial markets and global economics. The Hopf bifurcation theorem which is used to predict the occurrence of limit cycle behavior is independent of the assumption of nonlinearity of the investment function. The study of the nonlinear behavior of an important business model is presented. First, the bifurcation of the Kaldor-Kalecki model represented by the second- order delay differential equations is investigated. It is shown that the dynamics depend crucially on the time delay parameter-the gestation time period of investment. Second, we apply the Poincare-Andronov-Hopf bifurcation theorem generalized