Dynamics of Business Fluctuations in the Leontief-type Economy
Presented here is the mathematical model of business fluctuations, which can be observed in the Economy described by the Input-Output Model of Wassily Leontief. These fluctuations are obtained as a solution of the corresponding matrix differential equations, which interrelate commodities' demand, production, and prices.
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- Alexei Krouglov, 1997. "Mathematical model of simple business fluctuations," Macroeconomics 9706009, EconWPA, revised 25 Jun 1997.
- Alexei Krouglov, 1997. "Mathematical Description of Business Fluctuations," Macroeconomics 9710002, EconWPA.
- Alexei Krouglov, 1997. "Mathematical Model of Interdependency between Production and Price Fluctuations," Macroeconomics 9709002, EconWPA.
- Alexei Krouglov, 1998. "Mathematical Model of the Inflationary Process," Macroeconomics 9804001, EconWPA.
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