Semantic Scholar Open Access 2023 4 sitasi

Stability and Bifurcations in Banks and Small Enterprises—A Three-Dimensional Continuous-Time Dynamical System

Marco Desogus Beatrice Venturi

Abstrak

Here, we discuss a three-dimensional continuous-time Lotka–Volterra dynamical system, which describes the role of government in interactions with banks and small enterprises. In Italy, during the COVID-19 emergency, the main objective of government economic intervention was to maintain the proper operation of the bank–enterprise system. We also review the effectiveness of measures introduced in response to the COVID-19 pandemic lockdowns to avoid a further credit crunch. By applying bifurcation theory to the system, we were able to produce evidence of the existence of Hopf and zero-Hopf bifurcating periodic solutions from a saddle focus in a special region of the parameter space, and we performed a numerical analysis.

Topik & Kata Kunci

Penulis (2)

M

Marco Desogus

B

Beatrice Venturi

Format Sitasi

Desogus, M., Venturi, B. (2023). Stability and Bifurcations in Banks and Small Enterprises—A Three-Dimensional Continuous-Time Dynamical System. https://doi.org/10.3390/jrfm16030171

Akses Cepat

Lihat di Sumber doi.org/10.3390/jrfm16030171
Informasi Jurnal
Tahun Terbit
2023
Bahasa
en
Total Sitasi
Sumber Database
Semantic Scholar
DOI
10.3390/jrfm16030171
Akses
Open Access ✓