Numerical Analysis of Two Coupled Kaldor-Kalecki Models with Delay
B. Jackowska-Zduniak, U. Grzybowska and A. OrÅ‚owski
Department of Informatics, Warsaw University of Life Sciences, Nowoursynowska 159, 02-776 Warszawa, Poland
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This paper is concerned with two coupled Kaldor-Kalecki models of business cycles with delays in both the gross product and the capital stock. We consider two types of investment functions that lead to different behavior of the system. We introduce the model with unidirectional coupling to investigate the influence of a global economy (like the European Union) on a local economy (like Poland). We present detailed results of numerical analysis.

DOI: 10.12693/APhysPolA.127.A-70
PACS numbers: 89.65.Gh, 88.05.Lg, 05.45.-a, 02.60.Lj, 05.45.Xt