Experimenting with Dynamic Macromodels : Growth and Cycles

by Pier Carlo Nicola

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 RD 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.

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Year of publication:	2008
Other Persons:	Nicola, Pier Carlo (contributor)
Publisher:	Berlin, Heidelberg : Springer Berlin Heidelberg
Subject:	Makroökonomik \| Macroeconomics \| Dynamische Wirtschaftstheorie \| Economic dynamics \| Endogenes Wachstumsmodell \| Endogenous growth model \| Konjunkturtheorie \| Business cycle theory \| Finanzmathematik \| Mathematical finance \| Simulation \| Theorie \| Theory \| Wachstumstheorie \| Endogenes Wirtschaftswachstum \| Konjunkturzyklus \| Makroökonomisches Modell \| Dynamische Modellierung \| Dynamische Makroökonomie
Description of contents:	Table of Contents [swbplus.bsz-bw.de] ; Table of Contents [gbv.de] ; Description [swbplus.bsz-bw.de] ; Description [zbmath.org]

Extent:	Online-Ressource (digital)
Series:	SpringerLink / Bücher
Type of publication:	Book / Working Paper
Language:	English
Notes:	Literaturverz. S. 259 - 261 Front Matter; Foundations of Macroeconomic Dynamics; Population Dynamics and the Labour Market; Production Functions; A Model Without R&D and Public Expenditure; Some Determinants of Endogenous Growth; Public Expenditure and Taxes; Stationary Population: Cobb-Douglas Simulations; Stationary Population: CES Simulations; Stationary Population: Leontief Simulations; Steady Growing Population; Logistic Growing Population; Effects of Public Expenditure; Material Welfare Comparisons; Back Matter
ISBN:	978-3-540-77397-9 ; 978-3-540-77396-2
Other identifiers:	10.1007/978-3-540-77397-9 [DOI]
Classification:	Makroökonomie ; Numerische Mathematik ; Methoden und Techniken der Betriebswirtschaft
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013520898