1. On dynamics in a Keynesian model of monetary stabilization policy with debt effect
| Title | On dynamics in a Keynesian model of monetary stabilization policy with debt effect |
|---|---|
| Author info | Toichiro 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 |
| Language | English |
| Country | Netherlands |
| systematics | 33 |
| Annotation | In 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. |
| URL | Link na plný text |
| Public work category | ADC |
| No. of Archival Copy | 42224 |
| 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 |
| Database | xpca - PUBLIKAČNÁ ČINNOSŤ |
| References | PERIODIKÁ-Súborný záznam periodika |