Stochastic model of money flow in economics

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Abstract

In this report a stochastic model of money flow is considered. This model can be applied for both small and big regions. Connection with stochastic differential equations is established. The definitions of absolute stability and relative instability are introduced. A stochastic model with a delay (lag) is considered. The suggestion about a critical total amount of money of organizations working stably is made to get over crisis situation.

Keywords

Stochastic equations , differential equations , absolute stable , relatively unstable systems
  • Pages: 29–38
  • Date Published: 2007-12-01
  • Vol. 9 No. 3 (2007): CUBO, A Mathematical Journal

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Published

2007-12-01

How to Cite

[1]
I. M. Proudnikov, “Stochastic model of money flow in economics”, CUBO, vol. 9, no. 3, pp. 29–38, Dec. 2007.