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Bifurcation Analysis of the Keynesian Cross Model: Conclusion and Referencesby@keynesian

Bifurcation Analysis of the Keynesian Cross Model: Conclusion and References

by Keynesian TechnologyJuly 19th, 2024
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This study investigates the Keynesian cross model of a national economy with a focus on the relationship between government spending and economic equilibrium.
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Xinyu Li, University of Washington.

4. Conclusion


Future researchers can investigate other nonlinear relationships between government spending and national income such as the case when government spending increases cubically with the national income.

References:

  1. Cate, Thomas. An Encyclopedia of Keynesian Economics. Edward Elgar Publishing Limited, 2013.


  2. Feiwel, George R. Samuelson and Neoclassical Economics. 1982, pp. xiii–x358.


  3. Jespersen, Jesper, et al. Teaching Post Keynesian Economics. Edward Elgar Publishing, 2013, https://doi.org/10.4337/9781782547006.


  4. Bolles, Albert Sidney. Money, Banking, and Finance, by Albert S. Bolles. American book company, 1903.


  5. Jordan, Dominic, and Peter Smith. Nonlinear Ordinary Differential Equations: An Introduction for Scientists and Engineers. Oxford University Press, Incorporated, 2007.


6. Strogatz, Steven H. Nonlinear Dynamics and Chaos: With Applications to Physics, Biology, Chemistry, and Engineering. CRC Press, 2015, https://doi.org/10.1201/9780429492563.


This paper is available on arxiv under CC 4.0 license.