Dec 5, 2022
Thanks for sharing and explaining the charts for GDP, credit and inflation.
May I ask, are there any dynamic models that could describe the behaviour? I was thinking about a set of differential equations for a chosen set of state or intrinsic variables such as GDP, credit volume, etc as well as external variables like the national bank's borrowing rate. Once could start with cross correlation analysis between different state variables, then find a structure of the equations followed by parameter optimisation.