ANZIAM J.
45 (2003), 295-302
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Decomposition method for solving a nonlinear business cycle model
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Elias Deeba
Department of Computer
and Mathematical Sciences
University of Houston-Downtown
Houston, Texas 77002
USA
deebae@dt.uh.edu
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Ghassan Dibeh
Department of Economics
Lebanese American University
Byblos, Lebanon
gdibeh@lau.edu.lb
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Suheil Khuri
Department of Computer Science
Mathematics and Statistics
AUS, UAE
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Shishen Xie
Department of Computer
and Mathematical Sciences
University of Houston-Downtown
Houston, Texas 77002
USA
xies@dt.uh.edu
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Abstract
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In this paper we present a Kaleckian-type model
of a business cycle based on a nonlinear delay
differential equation. A numerical algorithm
based on a decomposition scheme is implemented
for the approximate solution of the model. The
numerical results of the underlying equation show
that the business cycle is stable.
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