1d piecewise smooth map: exploring a model of investment dynamics under financial frictions with three types of investment projects

• Дата: 2024
• Автори: Sushko, Iryna, Gardini, Laura, Matsuyama, Kiminori
• Формат: Стаття
• Мова: Англійська
• Опубліковано: Institute of Mathematics, NAS of Ukraine 2024
• Онлайн доступ: https://umj.imath.kiev.ua/index.php/umj/article/view/7721
• Назва журналу: Ukrains’kyi Matematychnyi Zhurnal

UDC 517.9 We consider a 1D continuous piecewise smooth map, which depends on seven parameters. Depending on the values of parameters, it may have up to six branches. This map was proposed by Matsuyama [Theor. Econ., 8, 623–651 (2013); Section 5].  It describes...