Geodesic
The dynamic model of the closed society (catches and crisises)
Matematičeskoe modelirovanie, Tome 13 (2001) no. 11, pp. 97-115.

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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. 
@article{MM_2001_13_11_a6,
     author = {D. S. Chernavskii and N. I. Starkov and A. V. Shcherbakov},
     title = {The dynamic model of the closed society (catches and crisises)},
     journal = {Matemati\v{c}eskoe modelirovanie},
     pages = {97--115},
     publisher = {mathdoc},
     volume = {13},
     number = {11},
     year = {2001},
     language = {ru},
     url = {http://geodesic.mathdoc.fr/item/MM_2001_13_11_a6/}
}
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D. S. Chernavskii; N. I. Starkov; A. V. Shcherbakov. The dynamic model of the closed society (catches and crisises). Matematičeskoe modelirovanie, Tome 13 (2001) no. 11, pp. 97-115. http://geodesic.mathdoc.fr/item/MM_2001_13_11_a6/