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The Elements of a Nonlinear Theory of Economic Dynamics

  • Carl Chiarella

Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 343)

About this book

Introduction

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.

Keywords

Konjunktur Konjunkturzyklen Nichtlineare Dynamik calculus dynamical systems dynamics economic dynamics economics instability nonlinear systems

Authors and affiliations

  • Carl Chiarella
    • 1
  1. 1.School of Finance and EconomicsUniversity of Technology, SydneyAustralia

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-642-46707-3
  • Copyright Information Springer-Verlag Berlin Heidelberg 1990
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-540-52622-3
  • Online ISBN 978-3-642-46707-3
  • Series Print ISSN 0075-8442
  • Buy this book on publisher's site