Non-Linear Dynamics and Endogenous Cycles |
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Editor:
| Abraham-Frois, Gilbert |
Contribution by:
| Fandel, G. Trockel, W. |
Series title: | Lecture Notes in Economics and Mathematical Systems Ser. |
ISBN: | 978-3-540-64321-0 |
Publication Date: | May 1998 |
Publisher: | Springer Berlin / Heidelberg
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Imprint: | Springer |
Book Format: | Paperback |
List Price: | USD $54.99 |
Book Description:
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Considerable work has been done on chaotic dynamics in the field of economic growth and dynamic macroeconomic models during the last two decades. This book considers numerous new developments: introduction of infrastructure in growth models, heterogeneity of agents, hysteresis systems, overlapping models with "pay-as-you-go" systems, keynesian approaches with finance considerations, interactions between relaxation cycles and chaotic dynamics, methodological issues, long memory...
More DescriptionConsiderable work has been done on chaotic dynamics in the field of economic growth and dynamic macroeconomic models during the last two decades. This book considers numerous new developments: introduction of infrastructure in growth models, heterogeneity of agents, hysteresis systems, overlapping models with "pay-as-you-go" systems, keynesian approaches with finance considerations, interactions between relaxation cycles and chaotic dynamics, methodological issues, long memory processes and fractals... A volume of contributions which shows the relevance and fruitfulness of non-linear analysis for the explanation of complex dynamics in economic systems.