BANK EFFECT ON ECONOMY AND MANUFACTURING IN N-L PHASE DIAGRAM SOLUTION OF SHZ OBNL MODEL BASED ON FINANCE TBT

摘要

Shihong Zeng Developing an Optimal Bank Nonper-forming 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 NL 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.