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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Fig. 6 | Journal of Economic Structures

Fig. 6

From: Revisiting Samuelson’s models, linear and nonlinear, stability conditions and oscillating dynamics

Fig. 6

In a the yellow region represents the stability region of the fixed point \(T^{*}\) in the parameter plane \((c_{1},c_{2})\) at \(b=0.8\), \({\overline{G}}=100,\) \(\gamma =1\), initial condition (400, 400, 400). In b projection of the trajectory of the nonlinear model in the plane \((x,y)=(T_{k},T_{k+1})\) showing the attracting 2-cycle existing at \(b=0.8,\) \(c_{1}=0.2,\) \(c_{2}=0.584618\)

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