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On the dynamics of a financial system with the effect financial information
- Source :
- Alexandria Engineering Journal, Vol 106, Iss , Pp 438-447 (2024)
- Publication Year :
- 2024
- Publisher :
- Elsevier, 2024.
-
Abstract
- This study aims to investigate a financial system consisting of four ordinary differential equations associated with the rate of interest, investment demand, price index, and the density of financial information gained by the population. The equilibrium and local stability of the system are investigated numerically. The impact of saving amounts and the rate of investment demand increases after getting financial information on the system are discussed. The findings of the study are verified graphically. It is found that the system becomes stable if the rate of investment demand increases after getting financial information kept at a certain level, such that the savings amount is maintained at a higher level. Also, the bifurcation diagrams of the system for various significant parameters that affect the system’s stability have been depicted.
Details
- Language :
- English
- ISSN :
- 11100168
- Volume :
- 106
- Issue :
- 438-447
- Database :
- Directory of Open Access Journals
- Journal :
- Alexandria Engineering Journal
- Publication Type :
- Academic Journal
- Accession number :
- edsdoj.6e127759c740434f93a6d0387fd0fb7f
- Document Type :
- article
- Full Text :
- https://doi.org/10.1016/j.aej.2024.08.049