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Experimenting with Dynamic Macromodels
Pier Carlo Nicola
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Description for Experimenting with Dynamic Macromodels
Paperback. Series: Lecture Notes in Economics and Mathematical Systems. Num Pages: 279 pages, biography. BIC Classification: KCH. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 15. Weight in Grams: 402.
This book presents a macroeconomic dynamic model a la Solow-Swan, including the market for labor, in a discrete time structure. The model is expanded to include expenditure on R&D and public expenditure on infrastructure. For each of the three models the results are shown in time series figures, which demonstrate that even small changes in the parameters produce responses in the time behavior of the main variables: from steady growth, to regular cycles, to chaotic-like time paths.
This book presents a macroeconomic dynamic model a la Solow-Swan, including the market for labor, in a discrete time structure. The model is expanded to include expenditure on R&D and public expenditure on infrastructure. For each of the three models the results are shown in time series figures, which demonstrate that even small changes in the parameters produce responses in the time behavior of the main variables: from steady growth, to regular cycles, to chaotic-like time paths.
Product Details
Format
Paperback
Publication date
2008
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
279
Condition
New
Series
Lecture Notes in Economics and Mathematical Systems
Number of Pages
265
Place of Publication
Berlin, Germany
ISBN
9783540773962
SKU
V9783540773962
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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