Nonlinear Dynamics in Equilibrium Models formatIsbn:Hardcover - 9783642223969 It will be possible to

It will be possible to download

The second edition updates results in this area and includes several major new topics:

Humboldt-Universität zu Berlin (Institut für Romanistik)

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Nonlinear Dynamics in Equilibrium Models formatIsbn:Hardcover - 9783642223969 It will be possible toOptimal growth theory studies the problem of efficient resource allocation over time, a fundamental concern of economic research. Since the 1970s, the techniques of nonlinear dynamical systems have become a vital tool in optimal growth theory, illuminating dynamics and demonstrating the possibility of endogenous economic fluctuations. Kazuo Nishimura's seminal contributions on business cycles, chaotic equilibria and indeterminacy have been central to