Decomposition method for solving a nonlinear business cycle model

Dibeh, Ghassan; Deeba, Elias; Khuri, Suheil; Xie, Shishen

Decomposition method for solving a nonlinear business cycle model

Dibeh, Ghassan; Deeba, Elias; Khuri, Suheil; Xie, Shishen; SOB; 199490150; Department of Economics (ECON); gdibeh@lau.edu.lb

URI: http://hdl.handle.net/10725/3818

URL: http://journals.cambridge.org/action/displayAbstract?fromPage=online&aid=3931440&fileId=S1446181100013353

DOI: http://dx.doi.org/10.1017/S1446181100013353

Abstract:

In this paper we present a Kaleckian-type model of a business cycle based on a nonlinear delay differential equation. A numerical algorithm based on a decomposition scheme is implemented for the approximate solution of the model. The numerical results of the underlying equation show that the business cycle is stable.

Citation:

Deeba, E., Dibeh, G., Khuri, S., & Xie, S. (2003). Decomposition method for solving a nonlinear business cycle model. The ANZIAM Journal, 45(02), 295-302.