Dynamics of Business Fluctuations in the Leontief-type Economy

Abstract: Presented here is the mathematical model of business fluctuations, which can be observed in the Economy described by the Input-Output Model of Wassily Leontief. These fluctuations are obtained as a solution of the corresponding matrix differential equations, which interrelate commodities' demand, production, and prices.

JEL-codes: E32 D57 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-tid
Date: Written 1998-07-20
Note: 9 pages, Microsoft Word
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