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Essays in Disequilibrium Macrodynamics

Author: Panayotis G. Korliras
Publisher:
ISBN:
Category : Macroeconomics
Languages : en
Pages : 250

Book Description

Non-Renewable Resources and Disequilibrium Macrodynamics

Author: Robert Marks
Publisher: Routledge
ISBN: 135161052X
Category : Business & Economics
Languages : en
Pages : 358

Book Description
This study, first published in 1979, continues by examining the question of whether a competitive economy can efficiently allocate a stock of non-renewable natural resources through time. Long-run analyses of competitive economies with such resources have concluded that, without perfect foresight or a complete set of future markets extending infinitely far into the future, there is no economic mechanism to guarantee that the initial price is set so that the economy converges to the socially desirable path of balanced growth. This title will be of interest to students of environmental and natural resource economics.

Nonlinear and Multisectoral Macrodynamics

Author: Kumaraswamy Velupillai
Publisher: Springer
ISBN: 1349106127
Category : Business & Economics
Languages : en
Pages : 261

Book Description
A collection of essays concerned with nonlinear and multisectoral macrodynamics written in honour of Richard Goodwin which includes discussion of Goodwin's contribution and ideas in comparison with other theories.

Disequilibrium, Growth and Labor Market Dynamics

Author: Carl Chiarella
Publisher: Springer Science & Business Media
ISBN: 3662040700
Category : Business & Economics
Languages : en
Pages : 487

Book Description
In this book on disequilibrium, growth and labor market dynamics we take predominantly a macroeconomic perspective. We present a working model that can easily be varied in different directions in order to subsume innovations in the literature on macroeconomics, old and new, and to contribute to important currently discussed macroeconomic issues. Our working model is set up in a way that there is a close relationship between our presented dynamic models and modern macro econometric models with disequilibrium both in the labor and the goods markets. One of our objectives is, therefore, to narrow the gap between theoretical and applied structural macrodynamic model building. We hope that the book will be a useful reference for all researchers, academic teachers and practitioners of macroeconomic and macro econometric model building who are interested in economic dynamics, independently of whether they use equilibrium or disequilibrium methods in their own research. We base this hope on the fact that our approach contains a number of unique features. The emphasis on the identification and analysis of the basic feedback mechanisms at work in modern macro economies. A detailed study of the partial as well as integrated dynamic interaction between these feedback mechanisms that consti tute the interdependence of markets and sectors of the modern macro economy. The rela tionship between the macroeconomic framework of our working model and the Walrasian, Non-Walrasian and New-Keynesian reformulations of macroeconomics.

Disequilibrium Economics

Author: Tönu Puu
Publisher: Springer
ISBN: 3319744151
Category : Business & Economics
Languages : en
Pages : 306

Book Description
This book discusses mathematical models for various applications in economics, with a focus on non-linear dynamics. Based on the author’s over 50 years of active work in the field, the book has been inspired by models from the period between 1920 and 1950. Following a brief introduction to economics for mathematicians and other modelers, it assembles a repository of useful specific functions for global dynamic modeling. Furthermore, twelve “research stubs” – outlined research agendas that have not yet been fully worked on – are suggested for further study and could even be expanded to entire research projects. The book is a valuable resource, particularly for young scientists who are skilled in mathematical and computational techniques and are looking for applications in economics.

Essays on Disequilibrium Economics

Author: Francesco Saraceno
Publisher:
ISBN:
Category :
Languages : en
Pages : 118

Book Description

Nonlinearities, Disequilibria and Simulation

Author: Björn Thalberg
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 320

Book Description
Our analytical heritage in macrodynamics owes a great deal to Ragnar Frisch. The tradition of quantitative methods in economic analysis owes not a little to Frisch, Trygve, Haavelmo and Leif Johansen. These essays pay homage to Thalberg - student, friend, colleague and collaborator of that trio.