相关论文: A note on Keen's model: The limits of Schumpeter's…
We investigate a suspension bridge model described by a nonlinear plate equation incorporating internal fractional damping and infinite memory effects. The system also includes a nonlinear source term that may induce instability. Using…
This paper is a continuation of our recent paper (Elect. J. Probab. 24 (2019), no. 141) and is devoted to the asymptotic behavior of a class of supercritical super Ornstein-Uhlenbeck processes $(X_t)_{t\geq 0}$ with branching mechanisms of…
Will a large economy be stable? Building on Robert May's original argument for large ecosystems, we conjecture that evolutionary and behavioural forces conspire to drive the economy towards marginal stability. We study networks of firms in…
We propose a continuous-time stock-flow consistent model for inventory dynamics in an economy with firms, banks, and households. On the supply side, firms decide on production based on adaptive expectations for sales demand and a desired…
Why are human societies unstable? Theories based on the observation of recurring patterns in historical data indicate that economic inequality, as well as social factors are key drivers. So far, models of this phenomenon are more…
We consider the eternal inflation scenario of the slow-roll/chaotic type with the additional element of an objective collapse of the wave function. The incorporation of this new agent to the traditional inflationary setting might represent…
Consider an epidemic model with a constant flux of susceptibles, in a situation where the corresponding deterministic epidemic model has a unique stable endemic equilibrium. For the associated stochastic model, whose law of large numbers…
Fragmentation and growth-fragmentation equations is a family of problems with varied and wide applications. This paper is devoted to description of the long time time asymptotics of two critical cases of these equations, when the division…
This paper presents a model that studies the impact of credit expansions arising from increases in collateral values or lower interest rate policies on long-run productivity and economic growth in a two-sector endogenous growth economy,…
We investigate activities that have different periods of duration. We define the profit intensity as a measure of this economic category. The profit intensity in a repeated trading has a unique property of attaining its maximum at a fixed…
Climate change has become intertwined with the global economy. Here, we describe the importance of inertia to continued growth in energy consumption. Drawing from thermodynamic arguments, and using 38 years of available statistics between…
In this work we introduce and analyze a linear size-structured population model with infinite states-at-birth. We model the dynamics of a population in which individuals have two distinct life-stages: an "active" phase when individuals…
An explicit solution for a growth fragmentation equation with constant dislocation measure is obtained. In this example the necessary condition for the general results in \cite{BW} about the existence of global solutions in the so called…
The general entire solution to a linear system of moment differential equations is obtained in terms of a moment kernel function for generalized summability, and the Jordan decomposition of the matrix defining the problem. The growth at…
Since the advent of inflation, several theorems have been proven suggesting that although inflation can (and generically does) continue eternally into the future, it cannot be extended eternally into the past to create a ``steady-state''…
We propose a simple quantitative model of Schumpeterian economic dynamics. New goods and services are endogenously produced through combinations of existing goods. As soon as new goods enter the market they may compete against already…
This paper provides a detailed analysis of the local determinacy of monetary and non-monetary steady states in Tirole (1985)'s classical two-period overlapping generations model with capital and production. We show that the sufficient…
For the Ramsey model of economic growth, which describes the optimal allocation of consumption and saving over time, we assume the population dynamics to follow the Allee effect. The so-called Allee threshold separates two regimes from each…
We study a nonlinear system of partial differential equations arising in macroeconomics which utilizes a mean field approximation. This system together with the corresponding data, subject to two moment constraints, is a model for debt and…
We consider a k-essence model in which a single scalar field can be responsible for both primordial inflation and the present observed acceleration of the cosmological background geometry, while also admitting a nonsingular de Sitter…