Detail publikace

Application of Delay Differential Equations in the Model of the Relationship Between Unemployment and Inflation

NOVOTNÁ, V.

Originální název

Application of Delay Differential Equations in the Model of the Relationship Between Unemployment and Inflation

Typ

článek v časopise - ostatní, Jost

Jazyk

angličtina

Originální abstrakt

The article deals with a formulation of the dynamic model which expresses the relationship between the rate of inflation and the rate of unemployment more accurately and which has become to be known as the Phillips curve. ): The original classic model of the relationship between the rate of inflation and the rate of unemployment which led to the Phillips curve has been replaced in this article by a new model expressing the real economic situation more precisely while respecting the influence of the history of the factors taken into account using so-called delay differential equations.

Klíčová slova

differential equations, unemployment, inflation, Phillips curve, Hysteresis of unemployment

Autoři

NOVOTNÁ, V.

Rok RIV

2012

Vydáno

1. 7. 2012

Nakladatel

AKADEMICKÉ NAKLADATELSTVÍ CERM,

Místo

Brno

ISSN

1802-8527

Periodikum

TRENDY EKONOMIKY A MANAGEMENTU

Ročník

6

Číslo

10

Stát

Česká republika

Strany od

77

Strany do

82

Strany počet

6

BibTex

@article{BUT92811,
  author="Veronika {Novotná}",
  title="Application of Delay Differential Equations in the Model of the Relationship Between Unemployment and Inflation",
  journal="TRENDY EKONOMIKY A MANAGEMENTU",
  year="2012",
  volume="6",
  number="10",
  pages="77--82",
  issn="1802-8527"
}