Forecasting a cyclical downturn (recession) in the US economy using a mathematical model of Hyman Minsky's theory of financial instability

DOI10.1134/S1064562420050245zbMath1475.91190OpenAlexW3121111498MaRDI QIDQ2243804

A. A. Akaev, Victor A. Sadovnichij

Publication date: 11 November 2021

Published in: Doklady Mathematics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1134/s1064562420050245

zbMATH Keywords

economic dynamicsmanagement of credit expansion and contractionmathematical model for forecasting a cyclical downturn (recession) in an unstable economyMinsky's theory of financial instabilityspeculative growth lending

Mathematics Subject Classification ID

Economic growth models (91B62) Actuarial science and mathematical finance (91G99)

Cites Work

• Mathematical models of economic dynamics in the context of high inflation and unstable development

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