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A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA) 
Gomes, O. (2006). Local bifurcations and global dynamics in a solow-type endogenous business cycles model. Annals of Economics and Finance. 7 (1), 91-127
Exportar Referência (IEEE) 
O. M. Gomes,  "Local bifurcations and global dynamics in a solow-type endogenous business cycles model", in Ann. of Economics and Finance, vol. 7, no. 1, pp. 91-127, 2006
Exportar BibTeX 
@article{gomes2006_1731576611050,
	author = "Gomes, O.",
	title = "Local bifurcations and global dynamics in a solow-type endogenous business cycles model",
	journal = "Annals of Economics and Finance",
	year = "2006",
	volume = "7",
	number = "1",
	pages = "91-127",
	url = "http://aeconf.com/"
}
Exportar RIS 
TY  - JOUR
TI  - Local bifurcations and global dynamics in a solow-type endogenous business cycles model
T2  - Annals of Economics and Finance
VL  - 7
IS  - 1
AU  - Gomes, O.
PY  - 2006
SP  - 91-127
SN  - 1529-7373
UR  - http://aeconf.com/
AB  - Neoclassical growth models are essentially characterized by the formation of a steady state where the main economic aggregates (capital, output, consumption and investment) do not grow, unless some external event takes place (e.g.,technological progress or population growth). Hence, the long term result corresponds to a fixed point and any kind of endogenous fluctuations is ruled out. This paper introduces an inefficiency mechanism through which non perfect firms’ expectations about future demand conduct to underinvestment, which originates periodic and a-periodic long run cycles; this mechanism is applied over the simplest neoclassical growth model, the Solow equation regarding capital accumulation. Results, containing a large variety of dynamic features, are discussed through the analysis of local bifurcations and through numerical examples that give insights about global dynamics.
ER  -