Conceptual Approach to Modeling Current Economic Situation in Russia
Abstract
The special dynamics model of financial crisis in Russia based on business cycle models is presented. The model contains dynamics block of debts crisis development and some other blocks referring to real, monetary and state sectors. The preliminary results of simulation experiments illustrate a practical application of the model.
Keywords:
financial crisis in Russia, dynamics model
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Articles of the St Petersburg University Journal of Economic Studies are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.