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math.DS2025
Delayed Keen Model with Inflation
Ali Tolga Dincer, Sevgi Harman, Seyma Gonul +2
Keen's model describes the dynamics between wage share, employment rate and debt ratio. In literature, the model was extended to represent the effects of inflation and also the spe…
math.DS2024
Hopf Bifurcation in a Generalized Goodwin Model with Delay
Eysan Sans, Melisa Akdemir, Ayse Tiryakioglu +2
Goodwin's model is a cornerstone in the study of dynamical systems within macroeconomics, explaining the interaction between employment ratio and wage share in a closed economy. An…