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Stochastic Dynamics of Economic Cycles (Hardcover)
Loot Price: R3,708
Discovery Miles 37 080
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Stochastic Dynamics of Economic Cycles (Hardcover)
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This book includes discussions related to solutions of such tasks
as: probabilistic description of the investment function;
recovering the income function from GDP estimates; development of
models for the economic cycles; selecting the time interval of
pseudo-stationarity of cycles; estimating
characteristics/parameters of cycle models; analysis of accuracy of
model factors. All of the above constitute the general principles
of a theory explaining the phenomenon of economic cycles and
provide mathematical tools for their quantitative description. The
introduced theory is applicable to macroeconomic analyses as well
as econometric estimations of economic cycles.
General
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