Abstract
In this chapter we begin the dynamic modeling of single country, multi-sector, multi-instrument financial problems. We utilize, as the basis, the models of Chapters 6 and 7, but we develop their dynamic counterparts. The methodology that we utilize in this chapter is now that of projected dynamical systems (cf. Chapter 4). In this chapter we are interested in the dynamic modeling of such financial systems, their stability analysis, as well as computational procedures. The financial models of the preceding two chapters are important since the sets of stationary points of the projected dynamical systems that we will present here will coincide with the sets of solutions to the corresponding variational inequality problem derived earlier.
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© 1997 Springer-Verlag Berlin Heidelberg
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Nagurney, A., Siokos, S. (1997). Dynamic Single Country Models. In: Financial Networks. Advances in Spatial Science. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-59066-5_8
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DOI: https://doi.org/10.1007/978-3-642-59066-5_8
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-63835-0
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