SIMPLIFIED MATHEMATICAL MODEL OF FINANCIAL CRISIS

  • Alexei KROUGLOV

Abstract

The framework of mathematical dynamics of economic systems is applied to the development of
financial crisis. A view is proposed that the severity of financial crises can be explained by means of
superposition of the fluctuations on connected markets exhibited in the form of a resonance phenomenon. The
practical actions of the central banks are criticized as contradicting to theoretical implications of the model.
Published
2013-12-15
How to Cite
KROUGLOV, Alexei . SIMPLIFIED MATHEMATICAL MODEL OF FINANCIAL CRISIS. Journal of Advanced Studies in Finance, [S.l.], v. 4, n. 2, p. 109-114, dec. 2013. ISSN 2068-8393. Available at: <https://journals.aserspublishing.eu/jasf/article/view/77>. Date accessed: 23 jan. 2022.
Section
Journal of Advanced Studies in Finance