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Morishima's Nonlinear Model of the Cycle: Simplifications and Generalizations
(National University of Ireland, Galway, 2005)
Michio Morishima's nonlinear model of the trade cycle (Morishima, 1958) is simplified and generalized to show, by means of the Andronov-Hopf bifurcation theorem, the existence of a periodic orbit. In addition, an attempt ...