Analysis of a nonlinear financial model
Author(s) -
G. MOZA,
Eugenia Grecu,
L. TIRTIRAU
Publication year - 2022
Publication title -
carpathian journal of mathematics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.812
H-Index - 25
eISSN - 1843-4401
pISSN - 1584-2851
DOI - 10.37193/cjm.2022.02.17
Subject(s) - inflation (cosmology) , nonlinear system , instability , stability (learning theory) , term (time) , economics , bifurcation , economic stability , financial stability , differential (mechanical device) , control theory (sociology) , econometrics , mathematics , macroeconomics , computer science , financial system , mechanics , physics , thermodynamics , control (management) , management , quantum mechanics , machine learning , theoretical physics
"A three-dimensional nonlinear differential system for modeling inflation rate in a given economy is proposed and investigated in this article. Using a bifurcation-based method in the study, we describe the conditions leading to regions of stability for the long-term behavior of the model, which are economically desirable, along with regions of instability, which should be avoided in an economy."
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