Mathematical Formalization of Macroeconomic Stabilization Policy in a High-dimensional Dynamic Keynesian Model with Public Debt Accumulation
Acta mathematica Universitatis Comenianae, Tome 84 (2015) no. 2, pp. 229-242
Toichiro Asada; Masahiro Ouchi; Toichiro Asada; Masahiro Ouchi. Mathematical Formalization of Macroeconomic Stabilization Policy in a High-dimensional Dynamic Keynesian Model with Public Debt Accumulation. Acta mathematica Universitatis Comenianae, Tome 84 (2015) no. 2, pp. 229-242. http://geodesic.mathdoc.fr/item/AMUC_2015_84_2_a4/
@article{AMUC_2015_84_2_a4,
     author = {Toichiro Asada and Masahiro Ouchi and Toichiro Asada and Masahiro Ouchi},
     title = { Mathematical {Formalization} of {Macroeconomic} {Stabilization} {Policy} in a {High-dimensional} {Dynamic} {Keynesian} {Model} with {Public} {Debt} {Accumulation}},
     journal = {Acta mathematica Universitatis Comenianae},
     pages = {229--242},
     year = {2015},
     volume = {84},
     number = {2},
     url = {http://geodesic.mathdoc.fr/item/AMUC_2015_84_2_a4/}
}
TY  - JOUR
AU  - Toichiro Asada
AU  - Masahiro Ouchi
AU  - Toichiro Asada
AU  - Masahiro Ouchi
TI  - Mathematical Formalization of Macroeconomic Stabilization Policy in a High-dimensional Dynamic Keynesian Model with Public Debt Accumulation
JO  - Acta mathematica Universitatis Comenianae
PY  - 2015
SP  - 229
EP  - 242
VL  - 84
IS  - 2
UR  - http://geodesic.mathdoc.fr/item/AMUC_2015_84_2_a4/
ID  - AMUC_2015_84_2_a4
ER  - 
%0 Journal Article
%A Toichiro Asada
%A Masahiro Ouchi
%A Toichiro Asada
%A Masahiro Ouchi
%T Mathematical Formalization of Macroeconomic Stabilization Policy in a High-dimensional Dynamic Keynesian Model with Public Debt Accumulation
%J Acta mathematica Universitatis Comenianae
%D 2015
%P 229-242
%V 84
%N 2
%U http://geodesic.mathdoc.fr/item/AMUC_2015_84_2_a4/
%F AMUC_2015_84_2_a4

Voir la notice de l'article provenant de la source Comenius University

In this paper, we study mathematically the effect of macroeconomic stabilization policyin a high-dimensional dynamic Keynesian model with public debt accumulation. The reduced form of our model is described by a five-dimensional system of nonlinear differentialequations. The dynamic effect of the fiscal and monetary policy mix on the macroeconomic stability, instability and cyclical fluctuations are studied both analytically and numerically.