Credit expansion and contraction: a simplified model

Presented is a mathematical model of single-product economy where credit expansion is used to increase the demand for product. Explored is the dynamics of affected product’s price, supply and demand. Shown is that expansion of the demand carries a temporal character.

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Year of publication:	2015-05-08
Authors:	Krouglov, Alexei
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	credit expansion \| economic fluctuations \| modeling

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	C62 - Existence and Stability Conditions of Equilibrium ; E32 - Business Fluctuations; Cycles ; E51 - Money Supply; Credit; Money Multipliers
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011275125