Inflation Targeting Model in Macroeconomics [PDF]
Empirical targeting by lowering inflation to the marginal level that causes monetary deflation and transition to depression is shown to increase the growth of the real GDP, while increasing inflation from the marginal level reduces the growth of the real GDP. The inflation is determined according to the theory of reproduction of the national economy by
Iefymenko, T. I. +2 more
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The macroeconomics of Model T [PDF]
We study a model of endogenous growth where firms invest both in product and process innovations. Product innovations (that open up completely new product lines) satisfy the advanced wants of the rich. Subsequent process innovations (that decrease costs per unit of quality) transform the luxurious products of the rich into conveniences of the poor.
Foellmi, Reto +2 more
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Criticism of the Classical Theory of Macroeconomic Modeling
: Current approaches and methods of modeling of macroeconomic systems do not allow to generate research ideas that could be used in applications. This is largely due to the fact that the dominant economic schools and research directions are building ...
Konstantin K. Kumehov
doaj +5 more sources
Cross-Diffusion Modeling in Macroeconomics [PDF]
This paper deals with the stability properties of a closed market, where capital and labour force are acting like a predator-prey system in population-dynamics. The spatial movement of the capital and labour force are taken into account by cross-diffusion effect.
Balázsi, L., Kiss, Krisztina
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The Effect of Public Education Expenditures and Macroeconomic Instability on Human Capital in Iran [PDF]
The purpose of this paper is to investigate the effect of public education expenditures and macroeconomic instability on human capital in Iran in period 1971-2019.
Zahra Ehsani +2 more
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The Effect of Trade Openness and Government Size on Macroeconomic Volatility in Iran: A Stochastic Volatility Model (SVM) Approach [PDF]
The main purpose of this paper is to examine the effect of trade openness and government size on macroeconomic volatility. Economic theories do not clearly show the effects of trade openness and government size on macroeconomic volatility.
naser elahi +3 more
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R.M. Solow Adjusted Model of Economic Growth [PDF]
Besides the models of M. Keynes, R.F. Harrod, E. Domar, D. Romer, Ramsey-Cass-Koopmans etc., the R.M. Solow model is part of the category which characterizes the economic growth. The paper proposes the study of the R.M.
Ion Gh. Rosca, Stelian Stancu
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Calculation of explicit expressions for the Hopf bifurcation limit cycles in delay-differential equations [PDF]
This paper introduces a methodology to derive explicit power series approximations for the limit cycle periodic solutions of the Hopf bifurcation in autonomous discrete delay differential equations (DDE).
José Enríquez Gabeiras +1 more
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CONCEPT OF SWITCHING MODE OF REPRODUCTION AND EVOLUTIONARY THEORY: ISSUES OF METHODOLOGY
The purpose of the article is to show that the innovation development of the economy, being the subject of research of evolutionary economic theory, occurs mainly in the switching mode, and therefore is organically linked with the so-called switching ...
V. I. Mayevsky
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The impact of macroeconomic factors on the inflation in Vietnam [PDF]
The problems of the foreign exchange market and the global financial crisis, the European public debt crisis in 2008-2011 made the economy of Vietnam facing many macroeconomic instabilities. The escalating inflation in 2008 and 2011 posed many challenges
Thanh Tung Hoang, Van Anh Nguyen Thi
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