2008 Volume 77 Issue 11 Pages 114001
We propose a dynamical model for business cycle based on an optimal diffusion index (DI) model. In the model there exists a conserved quantity, which corresponds to the total energy in a dynamical system. We found that the business cycle with the period 5–8 years is favorably reproduced, since the model predicts a periodic motion in the conservative system.
This article cannot obtain the latest cited-by information.