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JOURNALS // Matematicheskoe modelirovanie // Archive

Mat. Model., 2001 Volume 13, Number 11, Pages 97–115 (Mi mm808)

This article is cited in 1 paper

The dynamic model of the closed society (catches and crisises)

D. S. Chernavskii, N. I. Starkov, A. V. Shcherbakov

P. N. Lebedev Physical Institute, Russian Academy of Sciences

Abstract: The dynamic model of development of the closed society (without external economic activity) in a single-product approximation is considered. The model is based on principles of market economy. Within a model framework that implies the changes of a price is determined by balance of a supply and demand. In generally conditions a state of market equilibrium is shown to be not unique. Several stationary states are possible which are distinguished by a level of production and consumption. The transitions between states are considered as a result of a variation of parameters (parametrical switching) and dynamic variables (so-called force switching) of a model. The effect of an address money issue in a low-yield state is considered. The result of this money issue depends on a size and an address of one. This action can or give rise a transition in a high-yield state or lead up to an usual inflation without the transition. The connection of these results with the Keynesian and monetary approaches is discussed.

Received: 25.10.2000



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