Dynamic equilibrium condition (DEC) is described as a steady-state condition at which the normal wear rate in a machine causes no net gain or loss of particles. The concept of DEC of particles is ...

A dynamic equilibrium is formed in a reversible reaction when the rates of the forward and reverse reaction are equal and the amounts of the reactants and the products remains constant. In this ...

We discuss the development and structure of the University of Alberta BALANCE model of Canadian energy supply and demand. The model is a multi-time-period linear programming formulation of Canadian ...

This paper studies dynamic identification of parameters of a dynamic stochastic general equilibrium model from the first and second moments of the data. Classical results for dynamic simultaneous ...