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Global behavior of an economic model. (English) Zbl 1196.39008
Summary: The objective of this paper is to investigate some qualitative behavior of the solutions of an economic model. This is accomplished by studying a higher order difference equation where we establish some results about the boundedness, the periodicity, and the global attractivity of the solutions of this higher order difference equation and then apply the obtained results to give a complete description of global stability and the periodic character of the solutions of the model.

39A22Growth, boundedness, comparison of solutions (difference equations)
39A23Periodic solutions (difference equations)
39A30Stability theory (difference equations)
39A10Additive difference equations
91B64Macro-economic models (monetary models, models of taxation)
Full Text: DOI
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