Non-Linear Dynamics and Endogenous Cycles

Name: Non-Linear Dynamics and Endogenous Cycles
Brand: Springer Nature
SKU: 9783540643210
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Springer Nature

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9783540643210

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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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