S. Zeng and S. Li (PRC)
Equilibrium solution value, model, non-linear formula, phase diagram
Shihong Zeng Developing an Optimal Bank Non performing Loans Dynamic Model (SHZ OBNL Model) [1], The equilibrium solution value of SHZ OBNL Model [1] is a non-linear formula. The aim of the article is solve the equilibrium solution value of SHZ OBNL Model in N L Phase Diagram. The paper studies the influence of bank non-performing loans on social welfare from the point of view of the optimal control theory, and calculates the saddle path and the equilibrium value of saddle point of the bank non-performing loans. Moreover, the track of changes of saddle point’s equilibrium value is also calculated.
Important Links:
Go Back