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In this paper, a new global exponential stability criterion is obtained for a general multidimensional delay difference equation using induction arguments. In the cases that the difference equation is periodic, we prove the existence of a periodic solution by constructing a type of Poincaré map. The results are used to obtain stability criteria for a general discrete-time neural network model with a delay in the leakage terms. As particular cases, we obtain new stability criteria for neural network models recently studied in the literature, in particular for low-order and high-order Hopfield and Bidirectional Associative Memory(BAM).

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