ANALYSIS OF SOLUTIONS TO THE GENERAL EQUATION OF MACROECONOMIC DYNAMICS
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ANALYSIS OF SOLUTIONS TO THE GENERAL EQUATION OF MACROECONOMIC DYNAMICS
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S042473880000616-6-1
Publication type
Article
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Published
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Pages
62-78
Abstract
The general differential equation, describing the joint interaction of long&term economic growth and cyclical fluctuations of business activity, was derived for the first time. The equation has an integrated nonlinear investment accelerator that supports the persistent fluctuations in the economics. The scheme of approximate solution of derived nonlinear equation of macroeconomic dynamics by means of separation of business cycles with high fluctuations from slow-changing trend trajectory using averaging-out method of Krylov-Bogolyubov-Mitropolsky is suggested.
Date of publication
01.07.2008
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