HIGHLIGHTS
- who: Pascal Stiefenhofer and Peter Giesl from the Department of, University of Sussex, Falmer, East Sussex, UK have published the research work: Switching Regimes in Economics: The Contraction Mapping and the ω-Limit Set, in the Journal: (JOURNAL)
- what: The aim of this paper is to show that a metric function defined between two adjacent trajectories contracts in forward time leading to exponentially asymptotically stability of_(non)smooth orbits. On the right-hand side, the authors provide a condition for switching between economic regimes f ±. The authors show that ν defined over a smooth time interval is . . .
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