Simple Version of the Linear Business Cycle Model.

Kamill, Anton Abdulbasah and Baharum, Adam (2009) Simple Version of the Linear Business Cycle Model. In: The 5th IMT-GT International Conference On Mathematics,Statistics And Their Applications ICMSA 2009, June 9-11,2009, The Hills Hotel, Bukittinggi,Indonesia.

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Abstract

The paper developed a linear business cycle model. To analyze the impact of small changes in productivity, the model is linearized around the steady state which allows us to find optimal level of consumption and investment under assumption of perfect foresight i.e, knowledge of all future values of the total factor productivity.

Item Type: Conference or Workshop Item (Paper)
Subjects: Q Science > QA Mathematics > QA1-939 Mathematics
Divisions: Pusat Pengajian Pendidikan Jarak Jauh (School of Distance Education)
Depositing User: ARKM Al Rashid Automasi
Date Deposited: 21 Jul 2009 07:34
Last Modified: 13 Jul 2013 04:40
URI: http://eprints.usm.my/id/eprint/11356

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