ENGLISH

The Elements of a Nonlinear Theory of Economic Dynamics

By Prof. Carl Chiarella (auth.)

Book information

Publisher
Springer-Verlag Berlin Heidelberg
Year
1990
ISBN
978-3-540-52622-3, 978-3-642-46707-3
DOI
10.1007/978-3-642-46707-3
Language
english
Format
PDF
Filesize
4 MB (3788163 bytes)
Series
Lecture Notes in Economics and Mathematical Systems 343
Edition
1
Pages
149\161
Time added
2013-12-12 02:00:00
Economic Theory

Description

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.

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