On the existence of Hopf cycles in optimal growth models with time delay
Author
Yüksel, Mustafa Kerem
Advisor
Sağlam, Hüseyin Çağrı
Date
2008Publisher
Bilkent University
Language
English
Type
ThesisItem Usage Stats
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Abstract
In this thesis, we analyzed the existence of cycles `a la Poincar´e-AndronovHopf
in optimal growth models with time delay. The analysis builds upon
a new method developed, which investigates the number of pure imaginary
roots of the characteristic equation. The method was applied to the time-tobuild
models of Asea and Zak (1999) and Winkler (2004).