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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Business Cycle Dynamics: Models and Tools

Business Cycle Dynamics: Models and Tools

Sushko, Iryna

Hardcover

EconomicsGeneral Mathematics

ISBN10: 3540321675
ISBN13: 9783540321675
Publisher: Springer Pg
Published: May 11 2006
Pages: 336
Weight: 1.46
Height: 0.81 Width: 6.14 Depth: 9.21
Language: English
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 mathematical chaos becomes untenable. This book is a rejoinder to Puu and Sushko, Oligopoly Dynamics - Models and Tools, (Springer 2002).

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