Dynamic Keynesian models of monetary and fiscal stabilization policies

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dc.contributor.authorAsada, Toichiro
dc.contributor.authorDemetrian, Michal
dc.contributor.authorZimka, Rudolf
dc.date.accessioned2026-01-27T09:40:43Z
dc.date.available2026-01-27T09:40:43Z
dc.date.issued2025
dc.descriptionIn: The Review of Keynesian Studies. Tokio : Keynes Society Japan, 2025. ISSN 2435-6581. Vol. 7 (2025), pp. 1-13.
dc.description.abstractIn this paper, we summarize a series of dynamic Keynesian models of monetary and fiscal stabilization policies that were presented in our previous works. All models are formulated by systems of nonlinear differential equations. We take up three models sequentially. The first model is the simplest two-dimensional model of monetary stabilization policy without debt effects. The second model is more complicated four-dimensional model of monetary stabilization policy with private debt effect. The third model is the most general six-dimensional model of monetary and fiscal stabilization policy mix with twin (private and public) debt effects. These models produce various types of dynamic behaviors (stable, unstable, and cyclical behaviors) according to the crucial parameter values.
dc.description.sponsorshipVEGA 1/0859/16 Dynamika nelineárnych ekonomických procesov
dc.identifier.doihttps://doi.org/10.34490/revkeystud.7.0_1
dc.identifier.issn2435-6581
dc.identifier.urihttps://repo.umb.sk/handle/123456789/1227
dc.language.isoen
dc.publisherKeynes Society Japan : Tokio
dc.rights© vydavateľ
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectdynamický keynesovský model
dc.subjectdynamic Keynesian model
dc.subjectstabilizačná politika
dc.subjectstabilization policy
dc.subjectmonetárna politika
dc.subjectmenová politika
dc.subjectmonetary policy
dc.subjectfiškálna politika
dc.subjectfiscal policy
dc.subjectnelineárna dynamika
dc.subjectHopfova bifurkácia
dc.titleDynamic Keynesian models of monetary and fiscal stabilization policies
dc.typeArticle
dc.typeinfo:eu-repo/semantics/article

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