Floquet theory and economic dynamics II

Research output: Working paperAcademic

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 languageEnglish
Number of pages59
DOIs
Publication statusPublished - 2015

Publication series

NameWASS Working paper
No.15-2015

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