Cagan model of inflation with power-law memory effects

DOI10.1007/S40314-020-01240-5MaRDI QIDQ2196271zbMATH OpenOpenAlexWikidataFDO

Authors Vasily E. Tarasov

Publication date 28 August 2020

Published in Computational and Applied Mathematics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s40314-020-01240-5

zbMATH Keywords

fractional derivativefractional differential equationfading memorygrowth modelCagan model

Mathematics Subject Classification ID

Qualitative investigation and simulation of ordinary differential equation models (34C60) Consumer behavior, demand theory (91B42) Fractional ordinary differential equations (34A08)

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Cited in

(6)

• Concept of dynamic memory in economics
• Lie symmetries, invariant subspace method, and conservation laws for a time fractional generalized Broer-Kaup system
• Kinetic model of inflation with expectations of inflation
• Lie symmetry analysis and conservation laws for the time fractional generalized advection-diffusion equation
• On group analysis, conservation laws and exact solutions of time-fractional Kudryashov-Sinelshchikov equation
• Phillips model with exponentially distributed lag and power-law memory

Describes a project that uses

Uses Software

• mlrnd
• ML
• longmemo

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