Sentences with phrase «budget about the equilibrium»

Mathematically, we are assuming that the changes are sufficiently small that we can linearize the budget about the equilibrium state (as we did explicitly in our previous analysis of the zero - dimensional EBM).

Not exact matches

Unfortunately, these estimates reflect profit margins that remain about 70 % above historical norms, and are primarily driven by unusually large budget deficits and depressed private savings (the deficit of one sector must be the surplus of another in equilibrium — see Too Little to Lock In for the accounting relationships here).

The equilibrium budget latitude is about 42N (with my own calculations) But the real question of this topic is: «Is there, as Wadhams says it, a decreasing of the GS and / or the NAD and how can we realize it?»