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Continuous-Time Model of Business Fluctuations, and Optimal Behavior of an Interest Rate

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  • Alexei Krouglov

    (Matrox Graphics Inc.)

Abstract

Presented here is the mathematical model with one commodity binding the commodity's demand, production, consumption, and savings values, and describing the economic system's reaction after increase of commodity's demand on market. It is also shown the formula for optimal behavior of an interest rate.

Suggested Citation

  • Alexei Krouglov, 1998. "Continuous-Time Model of Business Fluctuations, and Optimal Behavior of an Interest Rate," Macroeconomics 9802023, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpma:9802023
    Note: 8 pages, Microsoft Word
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    References listed on IDEAS

    as
    1. Alexei Krouglov, 1997. "Mathematical Model of Interdependency between Production and Price Fluctuations," Macroeconomics 9709002, University Library of Munich, Germany.
    2. Alexei Krouglov, 1997. "Mathematical model of simple business fluctuations," Macroeconomics 9706009, University Library of Munich, Germany, revised 26 Jun 1997.
    3. Alexei Krouglov, 1997. "Determination of the Lower and Upper bounds for Savings circulating in National Economy and Impact of these bounds on the Economy's growth or drop," Macroeconomics 9706008, University Library of Munich, Germany, revised 25 Jun 1997.
    4. Franklin M. Fisher, 1972. "On Price Adjustment without an Auctioneer," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 39(1), pages 1-15.
    5. Alexei Krouglov, 1997. "Mathematical Description of Business Fluctuations," Macroeconomics 9710002, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects

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