The description of the dynamics and fluctuations of macro variables remains one of the most exciting problems of financial economics. This paper models macro variables via the description of transactions between agents. We use risk ratings x of agents as their coordinates in the economic space....

This paper develops methods and a framework of financial market theory. We model financial markets as a system of agents which perform market transactions with other agents under the action of numerous expectations. Agents' expectations are formed of economic and financial variables, market...

This paper studies quantitative macro-finance model and describes Investment and Profits surface-like risk waves. We regard macro-finance as ensemble of economic agents and use their risk ratings as coordinates on economic space. Aggregations of agent's financial variables with risk coordinates...

This paper describes waves of Credit-Loans macro financial transactions on economic space. We use agent's risk ratings as their coordinates and describe evolution of macro financial variables by transactions between agents. Aggregations of agent's financial variables with risk coordinates x on...

This paper describes continuous time macro-finance via dynamics of financial transactions between economic agents. Risk ratings of agents play role of their coordinates x on economic space. Financial variables of agents like Investment or Assets, Profits or Credits allow describe corresponding...

This paper presents macro-finance as ensemble of economic agents and suggests use risk ratings of economic agents as their coordinates on economic space. Financial variables of separate economic agents are defined as functions of time and coordinates on economic space. Aggregations of financial...

This paper presents applications of our theory to description of particular economic problems. We give all definitions and equations in Part I and II of our work. Here we argue propagation of small perturbations of economic variables and transactions on economic space. We show that small...

This paper presents further development of our economic model (see Part I). We describe economic and financial transactions between agents as factors that define evolution of economic variables. We show that change of risk ratings of agents as their coordinates on economic space due to their...

This paper develops parallels between economics and physics and describes macroeconomics as multi-agent systems on economic space alike to multi-particle systems. Economic agents play roles of simple units of macroeconomics alike to “economic particles” and agent's risk ratings define their...

This paper develops methods and a framework of financial market theory. We model financial markets as a system of agents which perform market transactions with other agents under the action of numerous expectations. Agents' expectations are formed of economic and financial variables, market...