Non-Linear Dynamics and Endogenous Cycles

By: Gilbert Abraham-Frois (Editor)

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Paperback | 20 May 1998

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216 Pages

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24.13 x 15.24 x 1.27

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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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