Publication detail

Solving Macroeconomic Model Using Methods of Functional Analysis

NOVOTNÁ, V. ŠUSTROVÁ, T.

Original Title

Solving Macroeconomic Model Using Methods of Functional Analysis

Type

journal article in Web of Science

Language

English

Original Abstract

Authors have shown on the original economic problem that the prime solution can be exactly solved by modern mathematical methods and successfully expanded in order to obtain considerably more precise information on the behavior of the model concerned. The expanded model can be and constructed even under more complex assumptions and this allows a more detailed analysis of economic process and add other possibilities to it. In the application part, a specific economic-mathematical model shows construction of such a model and possibilities of its solution. The paper aims to demonstrate how modern methods can be used for solving differential methods with delayed arguments.

Keywords

delay differential equations, functional differential equation, macroeconomic model, computer simulation

Authors

NOVOTNÁ, V.; ŠUSTROVÁ, T.

RIV year

2015

Released

29. 9. 2015

Publisher

ACAD ECONOMIC STUDIES

Location

Romania

ISBN

0424-267X

Periodical

Economic Computation and Economic Cybernetics Studies and Research

Year of study

2015

Number

3

State

Romania

Pages from

253

Pages to

266

Pages count

13

BibTex

@article{BUT117006,
  author="Veronika {Novotná} and Tereza {Šustrová}",
  title="Solving Macroeconomic Model Using Methods of Functional Analysis",
  journal="Economic Computation and Economic Cybernetics Studies and Research",
  year="2015",
  volume="2015",
  number="3",
  pages="253--266",
  issn="0424-267X"
}