Business cycle model on the basis of “systems potential” method

Grigorii Sergeevich Pushnoi

Macroeconomics from EconWPA

Abstract: The new business cycle three-dimensional model is formulated on the basis of new system approach known as the System Potential Method. Cyclical dynamics with catastrophe jumps (alike to Varian' model) and some stochastic properties is described. Properties of such cycles are similar to the properties of the typical business cycle.

Keywords: business cycle model; catastrophe theory; economic potential (search for similar items in EconPapers)
JEL-codes: O P (search for similar items in EconPapers)
Date: 2005-02-05
Note: Type of Document - pdf; pages: 5. pdf-file (russian version)

Downloads: (external link)
http://129.3.20.41/eps/mac/papers/0502/0502015.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Access Statistics for this paper

More papers in Macroeconomics from EconWPA
Series data maintained by EconWPA ().