The Elements of a Nonlinear Theory of Economic Dynamics by Carl Chiarella

The Elements of a Nonlinear Theory of Economic Dynamics by Carl Chiarella

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Summary

Elements of a Nonlinear Theory of Economic Dynamics provides both a framework and a survey of its needs. First, principle results and techniques of the theory relevant to applications in dynamic economics are discussed, then their application in view of older endogenous cycle theories are considered in a unified mathematical framework.

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The Elements of a Nonlinear Theory of Economic Dynamics by Carl Chiarella

Elements of a Nonlinear Theory of Economic Dynamics provides both a framework and a survey of its needs. First, principle results and techniques of the theory relevant to applications in dynamic economics are discussed, then their application in view of older endogenous cycle theories are considered in a unified mathematical framework. Models incorporating the government budget constraint and the Goodwin model are analysed using the method of averaging and the centre manifold theory. The dynamic instability problem is solved by placing models in a nonlinear framework.

Carl Chiarella is Emeritus Professor and Professor of Quantitative Finance at the University of Technology, Sydney's School of Finance and Economics.

SKU Unavailable
ISBN 13 9783540526223
ISBN 10 3540526226
Title The Elements of a Nonlinear Theory of Economic Dynamics
Author Carl Chiarella
Series Lecture Notes In Economics And Mathematical Systems
Condition Unavailable
Binding Type Paperback
Publisher Springer
Year published 1990-05-22
Number of pages 149
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.