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Stochastic Dynamics of Economic Cycles
Hardcover
Business GeneralGeneral Mathematics
ISBN13: 9783110706987
Publisher: de Gruyter
Published: Oct 12 2020
Pages: 106
Weight: 0.88
Height: 0.50 Width: 6.80 Depth: 9.60
Language: English
This book includes discussions related to solutions of such tasks as:
- probabilistic description of the investment function;
- recovering the income function from GDP estimates;
- development of models for the economic cycles;
All of the above constitute the general principles of a theory explaining the phenomenon of economic cycles and provide mathematical tools for their quantitative description. The introduced theory is applicable to macroeconomic analyses as well as econometric estimations of economic cycles.
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