scholarly journals The Shilnikov Saddle-Node Bifurcation in a Monetary Policy with Endogenous Time Preference

2015 ◽  
Vol 3 (1) ◽  
Author(s):  
Giovanni Bella
Keyword(s):  
Monetary Policy ◽  
Time Preference ◽  
Saddle Node Bifurcation ◽  
Endogenous Time Preference ◽  
Saddle Node

Monetary policy and endogenous time preference

2006 ◽  
Vol 33 (1) ◽  
pp. 52-67 ◽  
Author(s):  
Eric Kam ◽  
Mohammed Mohsin
Keyword(s):  
Monetary Policy ◽  
Time Preference ◽  
Endogenous Time Preference

scholarly journals A Tale of Two Motives: Endogenous Time Preference, Cash-in-Advance Constraints and Monetary Policy

2021 ◽  
Author(s):  
Eric Kam
Keyword(s):  
Monetary Policy ◽  
Time Preference ◽  
Capital Goods ◽  
Endogenous Time Preference ◽  
Consumption Goods ◽  
Constraint Effects ◽  
Cash In Advance

This paper demonstrates the effects of modeling an endogenous rate of time preference and two cash-in-advance constraints. If the constraint is levied on consumption and capital goods, time preference effects are neutral and cash-in-advance constraint effects invert the Tobin Effect. If the constraint applies solely to consumption goods, opposing motives are offsetting and monetary policy is super neutral.

scholarly journals A Tale of Two Motives: Endogenous Time Preference, Cash-in-Advance Constraints and Monetary Policy

2021 ◽  
Author(s):  
Eric Kam
Keyword(s):  
Monetary Policy ◽  
Time Preference ◽  
Capital Goods ◽  
Endogenous Time Preference ◽  
Consumption Goods ◽  
Constraint Effects ◽  
Cash In Advance

This paper demonstrates the effects of modeling an endogenous rate of time preference and two cash-in-advance constraints. If the constraint is levied on consumption and capital goods, time preference effects are neutral and cash-in-advance constraint effects invert the Tobin Effect. If the constraint applies solely to consumption goods, opposing motives are offsetting and monetary policy is super neutral.

Attractor-preserving control to avoid saddle-node bifurcation

2014 ◽  
Vol 2 ◽  
pp. 150-153
Author(s):  
Daisuke Ito ◽  
Tetsushi Ueta ◽  
Shigeki Tsuji ◽  
Kazuyuki Aihara
Keyword(s):  
Saddle Node Bifurcation ◽  
Saddle Node

BASIN ORGANIZATION PRIOR TO A TANGLED SADDLE-NODE BIFURCATION

1991 ◽  
Vol 01 (01) ◽  
pp. 107-118 ◽  
Author(s):  
MOHAMED S. SOLIMAN ◽  
J. M. T. THOMPSON
Keyword(s):  
Fractal Structure ◽  
Saddle Node Bifurcation ◽  
Saddle Node ◽  
Homoclinic Connections

Heteroclinic and homoclinic connections of saddle cycles play an important role in basin organization. In this study, we outline how these events can lead to an indeterminate jump to resonance from a saddle-node bifurcation. Here, due to the fractal structure of the basins in the vicinity of the saddle-node, we cannot predict to which available attractor the system will jump in the presence of even infinitesimal noise.

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