Non-steady-state equilibrium solution of a class of dynamic models

Article Abstract:

A general approach combining mathematical analysis and numerical simulations computing the equilibria of a class of dynamic monetary and growth models, solves an open problem concerning the existence of the non-steady-state equilibrium of a model.

Gross Domestic Product, Statistical Data Included, Econometrics, Business enterprises, Consumers

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Equilibrium consumption and precautionary savings in a stochastically growing economy

Article Abstract:

A study on the relationship between consumption and personal savings using a stochastic Romer endogenous growth model is presented.

Management dynamics, Models, Management, Usage, Consumption (Economics), Savings, Company business management, Stochastic processes

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Industrial subsidies and technology adoption in general equilibrium

Article Abstract:

A study on effects of industrial subsidies by government to failing plants in developed countries is presented.

Government expenditures, Administration of General Economic Programs, Business Aid Programs, Business Failures, Government Regulation, Business assistance, Government finance, Business-government relations

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