Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
4630070 | Applied Mathematics and Computation | 2012 | 19 Pages |
Abstract
In this paper, we create our own static and dynamic augmented IS–LM model based on concrete particular functions. These functions represent a mathematical and analytical description of economical quantities on which the IS–LM model is based and whose properties follow from the corresponding economical theories.We prove several theorems about parameters of this model, we describe dynamical behaviour of this system and prove (un)stability of the singular points including their classification. Then, we demonstrate this model on some illustrative examples and we suggest our own econometric non-linear regression models of the particular functions courses.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Applied Mathematics
Authors
Barbora Volná Kaličinská,