Cycles and Chaos in Economic Equilibrium / / Jess Benhabib.

In recent years economists have begun to use the techniques of non-linear dynamics to show that some apparently erratic and turbulent economic phenomena reflect subtle underlying patterns. How do cyclic and chaotic dynamics arise in economic models of equilibrium? How can empirical methods be used t...

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Bibliographic Details
Superior document:Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Archive 1927-1999
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Place / Publishing House:Princeton, NJ : : Princeton University Press, , [2022]
©1992
Year of Publication:2022
Language:English
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Physical Description:1 online resource (487 p.)
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Table of Contents:
  • Frontmatter
  • Contents
  • Introduction
  • 1 Equilibrium Models Displaying Endogenous Fluctuations and Chaos: A Survey
  • 2 Periodic and Aperiodic Behaviour in Discrete One-Dimensional Dynamical Systems
  • 3 A Characterization of Erratic Dynamics in the Overlapping Generations Model
  • 4 On Endogenous Competitive Business Cycles
  • 5 Competitive Business Cycles in an Overlapping Generations Economy with Productive Investment
  • 6 Endogenous Fluctuations in a Two-Sector Overlapping Generations Economy
  • 7 Recent Theories of the Business Cycle: The Role of Speculative Inventories
  • 8 Endogenous Cycles with Uncertain Lifespans in Continuous Time
  • 9 The Hopf Bifurcation and the Existence and Stability of Closed Orbits in Multisector Models of Optimal Economic Growth
  • 10 Sources of Complex Dynamics in Two-Sector Growth Models
  • 11 Imperfect Financial Intermediation and Complex Dynamics
  • 12 Dynamical Systems that Solve Continuous-Time Concave Optimization Problems: Anything Goes
  • 13 Stochastic Equilibrium Oscillations
  • 14 Cyclical and Chaotic Behavior in a Dynamic Equilibrium Model, with Implications for Fiscal Policy
  • 15 Endogenous Business Cycles with Self-Fulfilling Optimism: A Model with Entry
  • 16 Keynesian Chaos
  • 17 Feedback Between R&D and Productivity Growth: A Chaos Model
  • 18 Is the Business Cycle Characterized by Deterministic Chaos?
  • 19 The Statistical Properties of Dimension Calculations Using Small Data Sets: Some Economic Applications
  • 20 Some Evidence on the Non-Linearity of Economic Time Series: 1890-1981
  • 21 Nonlinear Dynamics and Stock Returns
  • List of Contributors