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  • Author : Kazuo Mino
  • Publisher : Anonim
  • Genre : Economic development
  • Total Pages : 230 pages
  • ISBN : 9784431556107
  • PDF File Size : 44,9 Mb
  • Language : English
  • Rating : 4/5 from 21 reviews

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Nonlinear Dynamics in Equilibrium Models

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Optimal growth theory studies the problem of efficient resource allocation over time, a fundamental concern of economic research. Since the 1970s, the techniques of nonlinear dynamical systems have become a

Growth and Business Cycles with Equilibrium Indeterminacy

Growth and Business Cycles with Equilibrium Indeterminacy
  • Publisher : Springer
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  • Release Date : 11 July 2017
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Over the past two decades, the issue of equilibrium indeterminacy has been one of the major research concerns in macroeconomic dynamics. Growth and Business Cycles with Equilibrium Indeterminacy discusses the

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Three original models which explain business cycles as a result of self-fulfilling expectations are presented. The models are founded on the structure of dynamic general equilibrium theory. Market power and

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We construct a rational expectations model in which aggregate growth alternates between a low growth and a high growth state. When all agents expect growth to be slow, the returns

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Real Business Cycle theory combines the remains of monetarism with the new classical macroeconomics, and has become one of the dominant approaches within contemporary macroeconomics today. This volume presents: * the

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  • Publisher : Unknown Publisher
  • File Size : 43,9 Mb
  • Release Date : 25 June 1968
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Textbook on business cycles and economic growth in aggregate economics - analyses economic models and economic theories, covers the characteristics of change, the anatomy of the cycle, consumption expenditures and

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An updated look at what Fischer Black's ideas on business cycles and equilibrium mean today Throughout his career, Fischer Black described a view of business fluctuations based on the idea

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In this study, Professor Sylos Labini offers an analysis of growth that is at once theoretical, historical and statistical. The central aim of neo-classical economics has been to discover the

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  • File Size : 35,7 Mb
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The ups and downs of booms and slumps, often referred to as business cycles, are features of all modern economies. This book considers business cycles over three epochs 1870-1913, 1919-1938