### Abstract

Floquet theory is an appropriate tool for studying ordinary linear recurrence and differential equations with periodic coefficients, and is a generalization of the theory for constant coefficients. Floquet theory has still not found its way into economics, although it seems to be relevant for economic dynamics. As well as a discussion of this relevance and an illustration of it in the context of the Samuelson-Hicks multiplier-accelerator model, this article contains an appendix that provides a quite complete exposition of Floquet theory for recurrence equations.

Original language | English |
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Number of pages | 59 |

DOIs | |

Publication status | Published - 2015 |

### Publication series

Name | WASS Working paper |
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No. | 15-2015 |

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## Cite this

Heijman, W. J. M., & van Mouche, P. H. M. (2015).

*Floquet theory and economic dynamics II*. (WASS Working paper; No. 15-2015). https://doi.org/10.13140/RG.2.1.1067.4009