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Nonlinear Dynamics in Equilibrium Models Chaos, Cycles and Indeterminacy

Optimal 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...

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Bibliographic Details
Other Authors: Stachurski, John (Editor), Venditti, Alain (Editor), Yano, Makoto (Editor)
Format: eBook
Language:English
Published: Berlin, Heidelberg Springer Berlin Heidelberg 2012, 2012
Edition:1st ed. 2012
Subjects:
Economic Development
Economic Growth
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Table of Contents:
  • Optimal Growth and Endogenous Cycles
  • Optimal Growth and Chaotic Dynamics
  • Global Dynamics in Optimal Growth Models
  • Dynamic Models with Non-concave Technologies
  • Stochastic Optimal Growth Models
  • Indeterminancy in Exogenous Growth Models
  • Interdeterminancy in Endogenous Growth Models

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