Modifications of the Samuelson Economic Cycle Model

Paulina Naumowicz; Miroslava Růžičková

doi:10.2478/tmmp-2023-0015

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Modifications of the Samuelson Economic Cycle Model

Tatra Mountains Mathematical Publications

Volume 84 (2023): Issue 2 (June 2023)

By: Paulina Naumowicz and Miroslava Růžičková

Open Access

|Jun 2023

Abstract

The paper presents an analysis of modifications of the standard discrete Samuelson model with determination of the stability of the equilibrium point. The stability region of the equilibrium point depending on the parameters contained in each model is determined using the Schur-Cohn stability criterion.

References

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Articles in this issue

DOI: https://doi.org/10.2478/tmmp-2023-0015 | Journal eISSN: 1338-9750 | Journal ISSN: 1210-3195

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Language: English

Page range: 45 - 60

Submitted on: Jan 6, 2023

Published on: Jun 28, 2023

Published by: Slovak Academy of Sciences, Mathematical Institute

In partnership with: Paradigm Publishing Services

Publication frequency: 1 issue per year

Keywords:

difference equations,

Samuelson multiplier-accelerator model,

Related subjects:

© 2023 Paulina Naumowicz, Miroslava Růžičková, published by Slovak Academy of Sciences, Mathematical Institute
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Volume 84 (2023): Issue 2 (June 2023)