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The articles collected in this volume have two features in common: they wantto integrate economics, demography and geography, and they want to overcome the stationary approach in modelling in favour of a dynamic one. The book is subdivided into three parts, where Part I is focussing on economic...
Persistent link: https://www.econbiz.de/10013518949
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,...
Persistent link: https://www.econbiz.de/10013519519
Nonlinear Labor Market Dynamics discusses adjustment processes in labor markets. Contrary to linear-stochastic approaches this book is based on a non-linear deterministic framework. It is shown that even textbook-like-models of the labor market can generate long lasting adjustment processes,...
Persistent link: https://www.econbiz.de/10013519692
This volume is a collection of articles which illuminate the attractive interactions between economic theory and several disciplines of mathematical analysis. The topics to be discussed here may be classified under the following six headings: - Nonlinear Dynamical Systems and Business...
Persistent link: https://www.econbiz.de/10013519760
The topic of this book is a temporary general disequilibrium with prices chosen by firms, rationing implemented by firms; taxes, public goods and "flat" money issued by a Public Authority. A special feature are the illustrations of time paths for prices and quantities. This monograph presents a...
Persistent link: https://www.econbiz.de/10013520007
The behavior of nonlinear dynamical systems can differ completely from that of linear dynamical systems. Regular oscillatory motion as well as seemingly irregular motion can emerge in these systems without resort to exogenous influences or peculiar parameter values. Recent mathematical advances...
Persistent link: https://www.econbiz.de/10013521370