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Cyclical Patterns in the Variance of Economic Activity

โœ Scribed by Mark W. French and Daniel E. Sichel


Book ID
124703535
Publisher
American Statistical Association
Year
1993
Tongue
English
Weight
306 KB
Volume
11
Category
Article
ISSN
0735-0015

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๐Ÿ“œ SIMILAR VOLUMES


The origin of cyclical motion in dynamic
โœ Michael J.P. Magill ๐Ÿ“‚ Article ๐Ÿ“… 1979 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 793 KB

This paper examines the origin of cyclical motion in a class of deterministic infinite horizon problems that arise in dynamic economics. For this class of problems the optimal solution converges to a unique equilibrium point. Conditions are given under which the motion in a โ€ข neighbourhood of the eq