Piercarlo Nicola

(Author)

Experimenting with Dynamic Macromodels: Growth and Cycles (2008)Paperback - 2008, 13 February 2008

Experimenting with Dynamic Macromodels: Growth and Cycles (2008)
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Part of Series
Lecture Notes in Economic and Mathematical Systems
Print Length
265 pages
Language
English
Publisher
Springer
Date Published
13 Feb 2008
ISBN-10
3540773967
ISBN-13
9783540773962

Description

This book presents a macroeconomic dynamic model à la Solow-Swan, including the market for labor, in a discrete time structure. The model is expanded to include expenditure on R&D and public expenditure on infrastructure. For each of the three models the results are shown in time series figures, which demonstrate that even small changes in the parameters produce responses in the time behavior of the main variables: from steady growth, to regular cycles, to chaotic-like time paths.

Product Details

Author:
Piercarlo Nicola
Book Edition:
2008
Book Format:
Paperback
Country of Origin:
DE
Date Published:
13 February 2008
Dimensions:
23.39 x 15.6 x 1.52 cm
ISBN-10:
3540773967
ISBN-13:
9783540773962
Language:
English
Location:
Berlin, Heidelberg
Pages:
265
Publisher:
Weight:
399.16 gm

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