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Potential Scenario
240
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93
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0
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2017-Xiang_Liu-Mathematical Studies of Optimal Economic Growth Model with Monetary
In this paper, efforts will be made to study an extended Neoclassic economic growth model derived from Solow-Swan Model and Ramsey-Cass-Koopsman Model.
Optimal Control Theory
Jacobian
Solow-Swan model
Monetary policy
optimal economic growth
Modeling Scenario
301
views
135
downloads
0
comments
1-118-SolowEconomicGrowth-ModelingScenario
Students construct and analyze the celebrated Solow-Swan model of economic growth theory. The project is divided into three sequential parts to teach students to understand, develop, and analyze a simple nonlinear model of economic dynamics.
optimization
economics
steady state
growth
Solow-Swan model
capital
production
labor
Golden Rule of Economic Growth
Potential Scenario
143
views
44
downloads
0
comments
2008-Chernyshov-EtAl-The Problem of Modelling of Economic Dynamics in Differential Form
The authors have tried to analyze procedures of the construction of differential equations that are employed for modeling of macroeconomic processes. The results prove to be rather unexpected.
Fredholm integral equation of
Leontief’s model
macroeconomic processes
Potential Scenario
154
views
62
downloads
0
comments
2007-Mogen_Steffensen-Differential Equations in Finance and Life Insurance
The mathematics of finance and the mathematics of life insurance were always intersecting. Life insurance contracts specify an exchange of streams of payments between the insurance company and the contract holder.
finance
disability
life insurance
mortality
insurane
Thiele’s equation
Black-Scholes equation
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