Title of article
Inflation and relaxation to equilibrium in a complex economic system
Author/Authors
R.P.J. Perazzo، نويسنده , , M.A. Virasoro، نويسنده ,
Issue Information
ماهنامه با شماره پیاپی سال 1995
Pages
16
From page
455
To page
470
Abstract
picture an economic system as a network of agents that produce goods and buy and sell them to each other. The dynamic of the system is described by simple behavioural equations that describe the change of prices and production rates of each agent. The model, albeit schematic naturally contains a monetary policy and also shows the influence of the changes in relative prices to trigger and propagate inflation.
Journal title
Chaos, Solitons and Fractals
Serial Year
1995
Journal title
Chaos, Solitons and Fractals
Record number
922240
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