2000/05/05 by L. Ya. Kobelev, Kobelev, L. Ya., O. L. Kobeleva +3
Economics, Econometrics and Finance · Physics and Astronomy · #FOS: Physical sciences #General Physics (physics.gen-ph) #Global Financial Crisis and Policies #Monetary Policy and Economic Impact #physics.gen-ph
paper · pdf · doi:10.48550/arxiv.physics/0005011
LaTeX, revtex
arxiv created 2000/05/05 · openalex publication_date 2000/05/05 · arxiv updated 2009/12/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28
The time dependence of the currency exchange rate K treated as a function of national dividend, investments and difference between total demand for a goods and supply is considered. To do this a proposed earlier general algorithm of economic processes describing on the basis of the equations for K like the equations of statistical physics of open systems is used. A number of differential equations (including nonlinear ones too) determining the time dependence of the exchange rate (including oscillations) is obtained.