In the paper a nonlinear dynamic macroeconomic model of a smallopen economy is constructed. The model is based on the IS-LMstructure and generalizes the Schinasi's model of a closedeconomy. Sufficient conditions for the existence of theequilibrium of the model are found and the question of itsstability is analyzed.
@article{18, title = {On Stability in Generalized Schinasi's Macroeconomic Model Under Fixed Exchange Rates}, journal = {Tatra Mountains Mathematical Publications}, volume = {43}, year = {2009}, doi = {10.2478/tatra.v43i0.18}, language = {EN}, url = {http://dml.mathdoc.fr/item/18} }
Makovínyiová, Katarína; Zimka, Rudolf. On Stability in Generalized Schinasi's Macroeconomic Model Under Fixed Exchange Rates. Tatra Mountains Mathematical Publications, Tome 43 (2009) . doi : 10.2478/tatra.v43i0.18. http://gdmltest.u-ga.fr/item/18/