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Titlebook: Non-Linear Dynamics and Endogenous Cycles; Gilbert Abraham-Frois Conference proceedings 1998 Springer-Verlag Berlin Heidelberg 1998 Chaost

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书目名称Non-Linear Dynamics and Endogenous Cycles
编辑Gilbert Abraham-Frois
视频video
概述Better understanding of complex dynamics in economic systems.Diversity of approaches.With contributions of renowned authors as well as younger specialists
丛书名称Lecture Notes in Economics and Mathematical Systems
图书封面Titlebook: Non-Linear Dynamics and Endogenous Cycles;  Gilbert Abraham-Frois Conference proceedings 1998 Springer-Verlag Berlin Heidelberg 1998 Chaost
描述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.
出版日期Conference proceedings 1998
关键词Chaostheorie; Dynamische Wirtschaftstheorie; Keynes; Nichtlineare Dynamik; chaotic dynamics; dynamic econ
版次1
doihttps://doi.org/10.1007/978-3-642-58901-0
isbn_softcover978-3-540-64321-0
isbn_ebook978-3-642-58901-0Series ISSN 0075-8442 Series E-ISSN 2196-9957
issn_series 0075-8442
copyrightSpringer-Verlag Berlin Heidelberg 1998
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Hysteresis Arising from Individual Inertia and Behavorial Heterogeneity also on the system’s previous outcomes. This path-dependence implies that different initial conditions, or different exogenous shocks, may lead to different long-run or final configurations. A handy formulation is that “history matters”.
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Business Cycles, Chaos and Predictability phenomenon. The literature on the subject is enormous and the number of different theories equally vast. However, if we restrict ourselves to the . investigation of economic fluctuations, we observe that two basic, mutually competing approaches have dominated this area of research in modern times.
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