Number of the records: 1  

On dynamics in a Keynesian model of monetary stabilization policy with debt effect

  1. TitleOn dynamics in a Keynesian model of monetary stabilization policy with debt effect
    Author infoToichiro Asada, Michal Demetrian, Rudolf Zimka
    Author Asada Toichiro (20%)
    Co-authors Demetrian Michal (30%)
    Zimka Rudolf 1943- (50%) UMBEF05 - Katedra kvantitatívnych metód a informačných systémov
    Source document Communications in nonlinear science and numerical simulation. Vol. 58, special issue (2018), pp. 131-146. - Amsterdam : Elsevier B.V., 2018 ; Dynamic Models in Economics and Finance medzinárodný workshop
    Keywords dynamical macroeconomical model   equilibrium   bifurcation equations   limit cycles   monetary stabilization policy  
    LanguageEnglish
    CountryNetherlands
    systematics 33
    AnnotationIn this paper, a four-dimensional model of flexible prices with the central bank's stabilization policy, describing the development of the firms' private debt, the output, the expected rate of inflation and the rate of interest is analyzed. Questions concerning the existence of limit cycles around its normal equilibrium point are investigated. The bifurcation equation is found. The formulae for the calculation of its coefficients are gained. A numerical example is presented by means of numerical simulations.
    URLLink na plný text
    Public work category ADC
    No. of Archival Copy42224
    Repercussion category RIGATOS, G. - SIANO, P. - LOIA, V. - GHOSH, T. - KRAWIEC, A. Nonlinear optimal control for a business cycles macroeconomic model of linked economies. In Cyber-physical systems. ISSN 2333-5785, 2018, vol. 4, no. 2, pp. 116-136.
    Catal.org.BB301 - Univerzitná knižnica Univerzity Mateja Bela v Banskej Bystrici
    Databasexpca - PUBLIKAČNÁ ČINNOSŤ
    ReferencesPERIODIKÁ-Súborný záznam periodika
    unrecognised

    unrecognised

Number of the records: 1  

  This site uses cookies to make them easier to browse. Learn more about how we use cookies.