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Nonlinear Labor Market Dynamics
Michael Neugart
€ 68.12
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Description for Nonlinear Labor Market Dynamics
Paperback. Nonlinear Labor Market Dynamics discusses adjustment processes in labor markets. Contrary to linear-stochastic approaches this book is based on a non-linear deterministic framework. Series: Lecture Notes in Economics and Mathematical Systems. Num Pages: 185 pages, 8 black & white illustrations, biography. BIC Classification: KCF. Category: (G) General (US: Trade); (U) Tertiary Education (US: College). Dimension: 234 x 156 x 10. Weight in Grams: 630.
Nonlinear Labor Market Dynamics discusses adjustment processes in labor markets. Contrary to linear-stochastic approaches this book is based on a non-linear deterministic framework. It is shown that even textbook-like-models of the labor market can generate long lasting adjustment processes, local instabilities, and chaotic movements, once nonlinear relationships and widely accepted adjustment rules are introduced. Thus, labor market dynamics may have an endogenous component that is governed by a nonlinear deterministic core. Of course, all results are tied to the particular models discussed in this book. Nevertheless, these models imply that by incorporating nonlinear relationships, one may arrive at an explanation ... Read more
Nonlinear Labor Market Dynamics discusses adjustment processes in labor markets. Contrary to linear-stochastic approaches this book is based on a non-linear deterministic framework. It is shown that even textbook-like-models of the labor market can generate long lasting adjustment processes, local instabilities, and chaotic movements, once nonlinear relationships and widely accepted adjustment rules are introduced. Thus, labor market dynamics may have an endogenous component that is governed by a nonlinear deterministic core. Of course, all results are tied to the particular models discussed in this book. Nevertheless, these models imply that by incorporating nonlinear relationships, one may arrive at an explanation ... Read more
Product Details
Format
Paperback
Publication date
2000
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
185
Condition
New
Series
Lecture Notes in Economics and Mathematical Systems
Number of Pages
175
Place of Publication
Berlin, Germany
ISBN
9783540672791
SKU
V9783540672791
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
Reviews for Nonlinear Labor Market Dynamics
“In this well written book one may found many interesting topics, facts, thoughts, explanations and more arising in real economic situations.” (Sabir R.Umarov, zbMATH 0962.91051, 2022)