Experimenting with Dynamic Macromodels: Growth and Cycles (2008) (Lecture Notes in Economics and Mathematical Systems #608)

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Synopsis
This book presents a macroeconomic dynamic model à 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.
Copyright:
2008

Book Details

Book Quality:
Publisher Quality
ISBN-13:
9783540773979
Related ISBNs:
9783540773962
Publisher:
Springer Berlin Heidelberg
Date of Addition:
Copyrighted By:
N/A
Adult content:
No
Language:
English
Has Image Descriptions:
No
Categories:
Nonfiction, Computers and Internet, Business and Finance, Mathematics and Statistics, Politics and Government
Submitted By:
Bookshare Staff
Usage Restrictions:
This is a copyrighted book.

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