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Business Cycle and Conserved Quantity in Economics
Business Cycle Conserved Quantity Economics
2010/12/17
We propose a dynamical model for business cycle based on an optimal DI model. In the model there exists a conserved quantity, which corresponds to the total energy in a dynamical system. We found that...
UNDERSTANDING CHANGES IN INTERNATIONAL BUSINESS CYCLE DYNAMICS
CHANGES INTERNATIONAL BUSINESS CYCLE DYNAMICS
2014/3/18
The volatility of economic activity in most G7 economies has moderated over the past 40 years. Also, despite large increases in trade and openness, G7 business cycles have not become ...
