Business Cycle Model on the Basis of Method of Systems Potential (english version).

The new business cycle three-dimensional model is formulated on the basis of new system approach known as the Method of Systems Potential. Cyclical dynamics with catastrophe jumps (alike to N.Kaldor (1940) model) and some stochastic properties is described. Properties of such cycles are similar to the properties of the typical business cycle.

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Year of publication:	2005-05-25
Authors:	Pushnoi, Grigorii
Institutions:	EconWPA
Subject:	business cycle model \| catastrophe theory \| economic potential

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Extent:	application/pdf
Series:	Development and Comp Systems.
Type of publication:	Book / Working Paper
Notes:	Type of Document - pdf; pages: 7. Report for the Second Conference on Evolution Economics; english version of paper ewp- mac/0502015.pdf 7 pages
Classification:	O - Economic Development, Technological Change, and Growth ; P - Economic Systems
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005407733