Equilibrium and business cycle. Mathematical model
نویسندگان
چکیده
منابع مشابه
Granger Causality and Equilibrium Business Cycle Theory
I investigate whether existing equilibrium business cycle models driven by demand shocks (in particular, government spending shocks) can rationalize the observed causal relationship when the following information structure is embedded: (i) Employment and output cannot respond to demand shocks immediately; they can do so only with a lag behind consumption. And (ii) investment cannot respond to d...
متن کاملOn Some Computational Aspects of Equilibrium Business Cycle Theory*
It has been common practice in the recent Real Business Cycle (RBC) literature to approximate, quadratically, the return function about the steady state and then to use this approximate return function as the basis for generating the economy's equilibrium time series. This is done for well-known reasons of analytic and computational simplicity: with a quadratic return function the decision rule...
متن کاملBusiness-Cycle Pattern of Asset Returns: A General Equilibrium Explanation∗
I develop an analytical general-equilibrium model to explain economic sources of businesscycle pattern of aggregate stock market returns. With concave production functions and capital accumulation, a technology shock has a pro-cyclical direct effect and a counter-cyclical indirect effect on expected returns. The indirect effect, reflecting the “feedback” effect of consumers’ behavior on asset r...
متن کاملA mathematical model of the methionine cycle.
Building on the work of Martinov et al. (2000), a mathematical model is developed for the methionine cycle. A large amount of information is available about the enzymes that catalyse individual reaction steps in the cycle, from methionine to S-adenosylmethionine to S-adenosylhomocysteine to homocysteine, and the removal of mass from the cycle by the conversion of homocysteine to cystathionine. ...
متن کاملA Mathematical Model of the Folate Cycle
A mathematical model is developed for the folate cycle based on standard biochemical kinetics. We use the model to provide new insights into several different mechanisms of folate homeostasis. The model reproduces the known pool sizes of folate substrates and the fluxes through each of the loops of the folate cycle and has the qualitative behavior observed in a variety of experimental studies. ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Studia i Prace WNEiZ
سال: 2018
ISSN: 2080-4881,2300-4096
DOI: 10.18276/sip.2018.51/3-16