Nonlinear Dynamics in Equilibrium Models

Chaos, Cycles and Indeterminacy de

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Éditeur :

Springer


Paru le : 2012-01-25

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Description
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 vital tool in optimal growth theory, illuminating dynamics and demonstrating the possibility of endogenous economic fluctuations. Kazuo Nishimura's seminal contributions on business cycles, chaotic equilibria and indeterminacy have been central to this development, transforming our understanding of economic growth, cycles, and the relationship between them. The subjects of Kazuo's analysis remain of fundamental importance to modern economic theory. This book collects his major contributions in a single volume. Kazuo Nishimura has been recognized for his contributions to economic theory on many occasions, being elected fellow of the Econometric Society and serving as an editor of several major journals.


Chapter “Introduction” is available open access under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License via link.springer.com.
Pages
454 pages
Collection
n.c
Parution
2012-01-25
Marque
Springer
EAN papier
9783642223969
EAN PDF
9783642223976

Informations sur l'ebook
Nombre pages copiables
4
Nombre pages imprimables
45
Taille du fichier
7547 Ko
Prix
147,69 €

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