THE STABILITY OF COUPLED RENEWAL-DIFFERENTIAL EQUATIONS WITH ECONOMETRIC APPLICATIONS.
Abstract
The work presents concepts and results in the fields of mathematical modeling, economics and stability analysis. A coupled renewal-differential equation structure is presented as a modeling form for systems possessing hereditary characteristics, and this structure is applied to a model of the Austrian theory of business cycles. For realistic conditions, the system is shown to have an infinite number of poles, and conditions are presented which are both necessary and sufficient for all poles to lie strictly in the left half plane. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 15, 1969
- Accession Number
- AD0701077
Entities
People
- J. K. Aggarwal
- Ronald P. Rhoten
Organizations
- University of Texas at Austin