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Nonlinear Dynamics in Equilibrium Models : Chaos, Cycles and Indeterminacy / edited by John Stachurski, Alain Venditti, Makoto Yano

By: Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: SpringerLink Bücher | Springer eBook Collection Business and EconomicsPublisher: Berlin, Heidelberg : Springer, 2012Description: Online-Ressource (XI, 454 p. 43 illus, digital)ISBN:
  • 9783642223976
Subject(s): Genre/Form: Additional physical formats: 9783642223969 | Buchausg. u.d.T.: Nonlinear dynamics in equilibrium models. 1., st Edition. Heidelberg [u.a.] : Springer, 2012. XI, 454 S.DDC classification:
  • 338.9
MSC: MSC: *91-06 | 91B50 | 91B55 | 91B62 | 00B60RVK: RVK: QC 040LOC classification:
  • HD72-88
DOI: DOI: 10.1007/978-3-642-22397-6Online resources: Summary: Optimal Growth and Endogenous Cycles -- Optimal Growth and Chaotic Dynamics -- Global Dynamics in Optimal Growth Models -- Dynamic Models with Non-concave Technologies -- Stochastic Optimal Growth Models -- Indeterminancy in Exogenous Growth Models -- Interdeterminancy in Endogenous Growth ModelsSummary: 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 journalsPPN: PPN: 1651278210Package identifier: Produktsigel: ZDB-2-SBE
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