Showing 1 - 10 of 36
We investigate the crossover properties, between the conservative and dissipative limit, for period-doubling bifurcations in two-dimentional iterative maps; as a generic example we use the standard form of the Hénon map. The approximants to the Feigenbaum constant δ lie on a universal...
Persistent link: https://www.econbiz.de/10011059152
In non-integrable Hamiltonian systems (represented by mappings of the plane) the stable island around an elliptic fixed point is generally squeezed into the fixed point by three saddle points, when the rotation number ρ of the motion at the fixed point approaches 13. At ρ=13 the island is...
Persistent link: https://www.econbiz.de/10011062646
We give a treatment of the non-resonant bifurcations involving asymmetric fixed points with Jacobian J ≠ 1 in reversible mappings of the plane. These bifurcations include the saddle-node bifurcation not in the neighbourhood of a fixed point with J = 1, as well as the so-called transcritical...
Persistent link: https://www.econbiz.de/10011063956
The distribution of phase lengths t for intermittent band switching is investigated. Its form is observed to deviate from a exponential function; a minimal phase length is seen to exist and the probabilities for the first few occuring phase lengths are often strongly enhanced or suppressed....
Persistent link: https://www.econbiz.de/10010587095
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We analyze an economy in which desirable land is inelastically supplied. A single government sets taxes on labor income, real property, and other commodities subject to the constraint that pure land rents and elastically supplied land development and structures are taxed at a common rate. The...
Persistent link: https://www.econbiz.de/10010581387
Annuities, long-term care insurance (LTCI), and reverse mortgages appear to offer important consumption smoothing benefits to the elderly, yet private markets for these products are small. A prominent idea is to combine LTCI and annuities to alleviate both supply (selection) and demand...
Persistent link: https://www.econbiz.de/10005005301
This paper analyzes the effects of land use constraints on housing prices. We provide a new framework for evaluating policy when mobility across regions is allowed but limited. A key result is that loosening regulatory constraints within individual regions would have little effect on prices for...
Persistent link: https://www.econbiz.de/10005094503
We show that the optimal property tax rate rises with the ratio of land rents to structure and land development costs. California’s high ratio of income to property tax revenue and the distribution of Federal housing subsidies thus appear geographically misplaced. Proportional taxation of...
Persistent link: https://www.econbiz.de/10005766275