equilibrium law

Related to equilibrium law: law of chemical equilibrium

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Noun

equilibrium law - (chemistry) the principle that (at chemical equilibrium) in a reversible reaction the ratio of the rate of the forward reaction to the rate of the reverse reaction is a constant for that reaction

law of chemical equilibrium

law of nature, law - a generalization that describes recurring facts or events in nature; "the laws of thermodynamics"

chemical science, chemistry - the science of matter; the branch of the natural sciences dealing with the composition of substances and their properties and reactions

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(20) By policy function in the decentralized equilibrium, we refer to the equilibrium law of motion [??](B, B, [y.sup.T]).

Overborrowing and systemic externalities in the business cycle

Inverting Equation (13) to obtain [[rho].sub.t+1] = [sup.S-1]{[z.sub.t]([mu] + 1/1 - [phi])}, and substituting the result into Equation (12) yields the equilibrium law of motion for per capita real balances:

The impact of paying interest on reserves in the presence of government deficit financing

Because the equilibrium law of motion for {c,y,i} suggests that the growth rates of all variables follow an ARMA(1,1) process if [rho] = 1 and an ARMA(2,1) process if [rho] = 0.9, they all contain moving average components.

Granger causality and equilibrium business cycle theory

Following the publication of the Gonik, Walker, and Grimm article, obstetricians Robert Allen and Stuart Edelberg wrote a letter to the American Journal of Obstetrics and Gynecology detailing the engineering flaws in the proposed mathematical model.(24) In addition to pointing out that the model incorrectly doubles the load of maternal forces placed on the impacted shoulder, Allen and Edelberg noted it violates Newton's equilibrium law.

Attacking the brachial plexus injury defense

Instead, they have a perception of the equilibrium law of motion, and they use available data generated by the economy itself to update their perceived law of motion using recursive algorithms, such as recursive least squares.