endogenous business cycle

endogenous business cycle
эк. эндогенный деловой цикл (модель, которая, в отличие от модели реальных деловых циклов, предполагает, что циклы вызываются не "внутренней" (intrinsic) неопределенностью, напр., случайными шоками в производственной функции, а внешней (extrinsic) неопределенностью, напр., "жизнерадостностью" экономических агентов или самореализующимися пророчествами; внутренняя неопределенность не влияет на объективные основы функционирования экономики, в то время как внешняя способна оказывать такое влияние, приводя к множественности равновесных траекторий экономики и возможности существования "равновесия солнечных пятен" (sunspot equilibrium))
See:

Англо-русский экономический словарь.

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