Business cycle model on the basis of “systems potential” method.

The new business cycle three-dimensional model is formulated on the basis of new system approach known as the System Potential Method. Cyclical dynamics with catastrophe jumps (alike to Varian' 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:	2005-02-05
Authors:	Pushnoi, Grigorii
Institutions:	EconWPA
Subject:	business cycle model \| catastrophe theory \| economic potential

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Extent:	application/pdf
Series:	Macroeconomics.
Type of publication:	Book / Working Paper
Notes:	Type of Document - pdf; pages: 5. pdf-file (russian version) 5 pages
Classification:	O - Economic Development, Technological Change, and Growth ; P - Economic Systems
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10005561187