Economic growth and debt: a simplified model
Alexei Krouglov ()
MPRA Paper from University Library of Munich, Germany
Abstract:
Presented is a mathematical model of single-product economy where an investment and debt are used to alter the demand for and supply of product. Explored is the dynamics of a nominal economic growth and decline. Examined are cases of a constant-rate growing debt and a constant-rate and constant-acceleration growing investment.
Keywords: debt; investment; modeling (search for similar items in EconPapers)
JEL-codes: E22 E32 E51 (search for similar items in EconPapers)
Date: 2015-06-21
New Economics Papers: this item is included in nep-fdg, nep-gro and nep-mac
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:65178
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