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Purpose – The purpose of this paper is to survey literature on macroeconomic nonlinear dynamics. Design/methodology/approach – The paper identifies five influential types of models where the possible generation of endogenous cycles and chaotic motion arises. First, the frameworks that make...
Persistent link: https://www.econbiz.de/10004990874
Purpose – The purpose of this paper is to survey literature on macroeconomic nonlinear dynamics. Design/methodology/approach – The paper identifies five influential types of models where the possible generation of endogenous cycles and chaotic motion arises. First, the frameworks that make...
Persistent link: https://www.econbiz.de/10014863127
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