This article is cited in 1 paper

Mathematical models and computer experiment

Mathematical model of economic growth through restoration of savings

S. M. Guriev

Dorodnitsyn Computing Centre of the Russian Academy of Sciences

Abstract: The paper considers a mathematical model of consequences of restoration of savings in Russia according to Bernstam [1]. It is shown that if potential productivity in the economy is high enough and financial intermediaries are efficient, the restoration of savings can result in economic growth, lower inflation and support formation of a normal financial system in Russia.

UDC: 519.86

Received: 05.04.1995

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