The Efficient Markets Hypothesis provides a theoretical basis for trading rules. Technical trading rules provide a signal of when to buy or sell an asset based on such price patterns to the user. Technical traders tend to put little faith in strict efficient markets. Fundamentalists rely on...

An economic model of cycles focused on the foreign capital investment phenomenon will be briefly introduced. We consider a system of the first order non-linear differential equations where a feedbackfunction is controlled by a capital/output ratio parameter. The value of potential gross domestic...

Macroeconomic models usually represent an equilibrium unemployment rate by using a differential equation. The solution of the differential equation expresses the natural unemployment rate. The same result is possible to achieve by using an introduced Markov's model of unemployment. Markov's...

Ekonomická dynamika je systematické studium ekonomických změn. Analyzují se změny ve výrobě, ve spotřebě, v obchodu, v alokaci zdrojů, v chování cen a v bohatství společnosti. Její součástí jsou dynamická teorie trhů, zabývající se chováním nabídky a poptávky a...

In this contribution we illustrate some applications of the theory of dynamical systems with parameteric and interval uncertainties to the analysis of limiting behaviour and stability of some neokeynesian macroeconomic models considered in [6]. The analysis is based on linearization of the...