Chinese Quarterly Journal of Mathematics ›› 2008, Vol. 23 ›› Issue (1): 144-155.

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Time Series of Random Macro-price and Application 

  

  1. College of Science Nanjing University of Aeronautics and Astronautics,,Nanjing 210016,China
  • Received:2005-09-14 Online:2008-03-30 Published:2023-10-17
  • About author:GENG Xian-min(1956-), male, native of Zhumadian, Henan, a professor of Nanjing University of Aeronautics and Astronautics, M.S.D., engages in stochastic analysis and applications.
  • Supported by:
    Supported by the NNSF(10671197)

Abstract: This paper tries to utilize the methods of stochastic analysis and matrix analysis to research the existential problem of price series.By using the means of time series analysis, the input-output,Markov processes and the modern matrix analysis,the limiting problem of price balance and vibration in stochastic economic environment has been researched,and surprising conclusions obtained are as following:the probability that the economic collapse time is equal∞is 0.

Key words:  input-output coefficient matrix, economic collapse time, maximum eigne value, random perturbation, Markov process

CLC Number: