We develop a dynamical model of an economic (financial) oscillator on the basis of the theory of automatic-control systems. Numerical experiments with the proposed model demonstrate the possibility of generating chaotic economic oscillations and their synchronization in an ensemble of coupled economic oscillators.
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Translated from Izvestiya Vysshikh Uchebnykh Zavedenii, Radiofizika, Vol. 64, No. 10, pp. 833–843, October 2021. Russian DOI: https://doi.org/10.52452/00213462_2021_64_10_833
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Matrosov, V.V., Shalfeev, V. Simulation of the Business-Cycle Synchronization Processes in an Ensemble of Coupled Economic Oscillators. Radiophys Quantum El 64, 750–759 (2022). https://doi.org/10.1007/s11141-022-10176-1
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DOI: https://doi.org/10.1007/s11141-022-10176-1