Paperback. 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 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. This is a consideration of developments in research on chaotic dynamics in the field of economic growth and dynamic macroeconomic models. It includes coverage of: heterogeneity of agents; hysteresis systems; methodological issues; and long memory processes and fractals. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.

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Bibliographic Details

Title: Non-Linear Dynamics and Endogenous Cycles (Paperback)
Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, Berlin
Publication Date: 1998
Language: English
ISBN 10: 3540643214
ISBN 13: 9783540643210
Binding: Paperback
Condition: new

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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 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.

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