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Kaldor's model(1957)

This is a Java simulation. As you may observe in the model solving procedures, the resulting equation has a non-linear discrete time structure:


In the simulation below, you can change the parameters and the initial values and observe the dynamics of investment rate over 20 periods:

obs: If the graph doesn't come out press "reload" in your web browser. You must have enabled/instaled the Java Virtual Machine.

When you change the value of ß' the growth rate of stock of capital can present an equilibrium path, a cyclical or an explosive behavior.