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Stationarity, Stability And Sustainability In The Economic Process

Author

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  • DINGA, Emil

    ("Victor Slavescu" Centre for Financial and Monetary Research, Romanian Academy)

Abstract

The paper has as basic objective to revisit, in an unitary way, the three notions regarding the economic process dynamics: stationarity, stability, and sustainability. This analysis will be performed from three points of view: 1) conceptually; 2) methodologically; 3) instrumentally (including quantifications). The paper will try to discern both the differences and the similarities among the three concepts, in order to extract the practical possibilities to use them in designing and piloting the macroeconomic processes. Some formalisms will be also delivered and argued, based on the accepted definitions of the concepts involved.

Suggested Citation

  • DINGA, Emil, 2014. "Stationarity, Stability And Sustainability In The Economic Process," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 1(1), pages 244-251.
    • Handle: RePEc:vls:rojfme:v:1:y:2014:i:1:p:244-251
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    More about this item

    Keywords

    stability; stationarity; sustainability; dynamics mix;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy

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