Research Article
Structural Stability Analysis in a Dynamic IS-LM-AS Macroeconomic Model with Inflation Expectations
Table 2
Parameter values and initial and equilibrium values of the model variables
.
| | Values |
| Parameters | | 1.1 | | 3.99 | c | 0.12 | δ | 1.25 | θ | 4.534 | ε | 0.45 | h | 0.01 | μ | 0.04 | α | 0.7 | β | 0.25 | n | 0 | | 1 |
| Variables | π0 | 0.19987 | r0 | 0.00345 | | −0.0447 | | 0.027 | | 0.04 | | 0.05513 | | 0 | | 1.00004 | | 2.71837 | | 0 | | 0.03998 |
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