The Elements of a Nonlinear Theory of Economic Dynamics
ISBN:
978-3-540-52622-3
Auflage:
Softcover reprint of the original 1st ed. 1990
Verlag:
Springer Berlin
Land des Verlags:
Deutschland
Erscheinungsdatum:
22.05.1990
Reihe:
Lecture Notes in Economics and Mathematical Systems
Format:
Softcover
Seitenanzahl:
149
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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.
