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

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Author Info
Grigorii Pushnoi (International Bogdanov Institute)

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Abstract

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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File URL: http://129.3.20.41/eps/mac/papers/0502/0502015.pdf
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Publisher Info
Paper provided by EconWPA in its series Macroeconomics with number 0502015.

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Length: 5 pages
Date of creation: 05 Feb 2005
Date of revision:
Handle: RePEc:wpa:wuwpma:0502015

Note: Type of Document - pdf; pages: 5. pdf-file (russian version)
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Web page: http://129.3.20.41

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Related research
Keywords: business cycle model catastrophe theory economic potential

Find related papers by JEL classification:
O - Economic Development, Technological Change, and Growth
P - Economic Systems

This paper has been announced in the following NEP Reports:

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This page was last updated on 2008-10-3.

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