Název:
On economic model of cycles
Autoři:
Vošvrda, Miloslav Typ dokumentu: Příspěvky z konference Konference/Akce: Mathematical Methods in Economics 2000 /18./, Praha (CZ), 2000-09-13 / 2000-09-15
Rok:
2000
Jazyk:
eng
Abstrakt: The van der Pol's equation with an appropriate feedback is applied to forming of a model of economic cycles. The model exhibits the ability of the savings and investments to give output in a limit cycle by a bifurcation. According to the life cycle hypothesis, the households will have constant, or will continuously increase, the marginal propensity to saving. The savings deviation is accelerated in relation with the gap between the GDP and its potential value. Číslo projektu: AV0Z1075907 (CEP), GA402/00/0439 (CEP), GA402/98/0742 (CEP) Poskytovatel projektu: GA ČR, GA ČR Zdrojový dokument: Proceedings of the 18th International Conference on Mathematical Methods in Economics 2000
Instituce: Ústav teorie informace a automatizace AV ČR
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Informace o dostupnosti dokumentu:
Dokument je dostupný v příslušném ústavu Akademie věd ČR. Původní záznam: http://hdl.handle.net/11104/0130452