4.5 Article

Fractional electronic circuit simulation of a nonlinear macroeconomic model

Journal

Publisher

ELSEVIER GMBH
DOI: 10.1016/j.aeue.2017.11.019

Keywords

Macroeconomic model; Fractional calculus; Electronic circuit simulations; Nonlinear systems

Funding

  1. FAPESP (Sao Paulo Research Foundation) [2014/02041-9, 2017/13815-3]

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The Fractional Electronic Circuit Simulation (FrECS) using the Cadence OrCAD (TM) package is explored for evaluating the dynamics of a nonlinear macroeconomic system. The model of the dynamic system is translated into two forms, namely Numerical Simulation (NS) and FrECS, both for integer and non-integer orders. The results show not only a good agreement between the two simulation approaches, but also demonstrate the feasibility of using FrECS to investigate fractional dynamics. The FrECS is, therefore, a reliable strategy when having in mind a physical implementation using circuits.

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