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The investment accelerator model assumes that the main reason for the enterprises to invest is the change of an optimal level of capital which, in turn, is proportional to output. The paper presents the results of econometric analysis of the investment accelerator model that enables to formulate...
Persistent link: https://www.econbiz.de/10015219600
The investment accelerator model assumes that the main reason for the enterprises to invest is the change of an optimal level of capital which, in turn, is proportional to output. The paper presents the results of econometric analysis of the investment accelerator model that enables to formulate...
Persistent link: https://www.econbiz.de/10015219618
В настоящей заметке, для удобства российских и русскоговорящих читателей, на русском языке кратко рассмотрено содержание книги "Введение в Суб-Интервальный...
Persistent link: https://www.econbiz.de/10015233876
A new macroeconomic model is presented, which makes it possible to take a fresh look both at the long-term equilibrium growth process and at short-term deviations from it. The possibility of the existence of an optimal equilibrium path, which maximizes profits, is shown. Short-term deviations...
Persistent link: https://www.econbiz.de/10015253060
The modern system of centralized governance and hierarchical control of socio-economic relations is coming to an end – the society is transitioning to peer-to-peer model of socio-economic relations. The peer-to-peer model of socio-economic relations is the model of the mesh network. Such model...
Persistent link: https://www.econbiz.de/10015253074
Technological advancements in the means of production are the driving force behind the changes in the prevailing system of socio-economic relations. Feudalism was transformed into capitalism as a result of such advancements. While man obtained physical freedom, the financial freedom remained...
Persistent link: https://www.econbiz.de/10015253083
Sovereignty is linked to the competitiveness of the economy and individual enterprises. It is difficult to give an unambiguous assessment of the sovereignty of member states. The author is inclined to think that the EU is gradually transformed into a single structure, where one country's opinion...
Persistent link: https://www.econbiz.de/10008552412
Persistent link: https://www.econbiz.de/10009793223
Persistent link: https://www.econbiz.de/10014517360
A technique for the construction of the model of nonrenewable resources depletion is offered. The approach is based on the assumption of the fulfillment of a variation principle. The model adequacy is examined with respect to world oil extraction data from 1859 to 2005. The possibilities of the...
Persistent link: https://www.econbiz.de/10015215449