Business Cycle Dynamics
. Ed(S): Puu, Tonu; Sushko, Iryna
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Description for Business Cycle Dynamics
Hardback. Presents various mathematical methods for global analysis. This book contains a presentation of full analyses of several models left open in the 1950s when the tools then available did not permit more systematic analysis. Editor(s): Puu, Tonu; Sushko, Iryna. Num Pages: 336 pages, 7 black & white tables, biography. BIC Classification: KCC. Category: (P) Professional & Vocational. Dimension: 235 x 155 x 21. Weight in Grams: 684.
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 ... Read more
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 ... Read more
Product Details
Format
Hardback
Publication date
2006
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
336
Condition
New
Number of Pages
336
Place of Publication
Berlin, Germany
ISBN
9783540321675
SKU
V9783540321675
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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