Numerical Exploration of Kaldorian Interregional Macrodynamics: Enhanced Stability and Predominance of Period Doubling under Flexible Exchange Rates

Figure 14

Left: Period doubling process for 𝑍=35, 𝛿=0.4, 𝛼=1. Right: Cycles occurring for 𝑍=35, 𝛿=0.7, 𝛼=0.2.