Incorporating Damped Harmonic Oscillator in DSGE Models

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Tác giả: Wei Chun Hsu

Ngôn ngữ: eng

Ký hiệu phân loại: 513.56 Arithmetic

Thông tin xuất bản: 2025

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Bộ sưu tập: Metadata

ID: 223658

Comment: In the original version, several citations were based on fragmented personal notes and unpublished drafts, leading to inaccurate or misattributed references. This revised version updates both the reference list and the corresponding in-text citations to correctly reflect the literature that informed the paper. I apologize for the oversightThis paper integrates the damped harmonic oscillator into DSGE models to better capture delayed economic adjustments. By introducing a damping coefficient, I model economic recoveries as under-damped, critically damped, or over-damped processes. Numerical simulations illustrate how different damping levels affect recovery speed and stability. This approach enhances DSGE models' realism, offering insights into historical economic crises and improving macroeconomic forecasting.
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