Economics Dynamics Problems 242

Economics Dynamics Problems 242 - 226 Economic Dynamics...

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226 Economic Dynamics Figure 5.5. The fxed point is at the origin, i.e., x = 0 and y = 0. This system takes the matrix Form ± x t + 1 y t + 1 ² = ± 0 . 85078 1 12 . 35078 ² The eigenvalues oF the matrix A oF this system are readily Found to be r = 2 and s =− 0 . 5. We thereFore satisFy the condition
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This note was uploaded on 12/14/2011 for the course ECO 3023 taught by Professor Dr.gwartney during the Fall '11 term at FSU.

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