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D. H. Diaz
M. A. Gomez
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G. Oliveira
Publisher by Knobook Pub
doi: 10.6062/jcis.2019.10.03.0167
(Free PDF)L. A. do Nascimento, S. B. Salgado, D. M. Pires and F. A. Velozo
In this paper, we analyze the stability of equilibrium, in the Lyapunov sense, of the dynamic IS-LM model, for a closed economy. Results of this analysis are supported by numerical simulations.
IS-LM dynamic model, closed economy, equilibrium point, Lyapunov stability.