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Titlebook: Business Cycle Dynamics; Models and Tools Tönu Puu,Iryna Sushko Book 2006 Springer-Verlag Berlin Heidelberg 2006 Business Cycle Models.Hick

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期刊全称Business Cycle Dynamics
期刊简称Models and Tools
影响因子2023Tönu Puu,Iryna Sushko
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发行地址Presentation of new mathematical methods for global analysis which have not previously been available in this easily accessible form.Presentation of full analyses of several models left open in the 19
图书封面Titlebook: Business Cycle Dynamics; Models and Tools Tönu Puu,Iryna Sushko Book 2006 Springer-Verlag Berlin Heidelberg 2006 Business Cycle Models.Hick
影响因子Business cycle theory has been one of the fastest growing fields in modern nonlinear economic dynamics. The book is centered around models of multiplier-accelerator type, emerging from Samuelson‘s seminal work, later developed into nonlinear formats by Hicks and Goodwin. These models left open ends, as the tools then available did not permit more systematic analysis. The present situation is different, due to the emergence of new methods also focusing global analysis. The focus on classical, causal or recursive models implies a deviation from current main stream business cycle theory, based on "rational expectations", which in view of the possibility of mathematical chaos becomes untenable. This book is a rejoinder to .Puu and Sushko, Oligopoly Dynamics - Models and Tools., (Springer 2002).
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Tönu Puu,Iryna SushkoPresentation of new mathematical methods for global analysis which have not previously been available in this easily accessible form.Presentation of full analyses of several models left open in the 19
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https://doi.org/10.1007/978-1-4612-0357-5he system, unbounded orbits and some type of chaotic behaviour may appear. It must be pointed out that the chaotic behaviour appear when both, contractive and expansive maps are in the system infinitely many times..It is an interesting question to analyze these type of “chaotic orbits”, that is: are they really chaotic in some theoretical sense?
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Non-Autonomous Business Cycle Model,he system, unbounded orbits and some type of chaotic behaviour may appear. It must be pointed out that the chaotic behaviour appear when both, contractive and expansive maps are in the system infinitely many times..It is an interesting question to analyze these type of “chaotic orbits”, that is: are they really chaotic in some theoretical sense?
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