Nonlinear Dynamics in Equilibrium Models: Chaos, Cycles and Indeterminacy - Hardcover

 
9783642223969: Nonlinear Dynamics in Equilibrium Models: Chaos, Cycles and Indeterminacy
Hardcover
ISBN 10: 3642223966 ISBN 13: 9783642223969
Publisher: Springer, 2012

Synopsis

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 of endogenous economic fluctuations. Kazuo Nishimura's seminal contributions on business cycles, chaotic equilibria and indeterminacy have been central to this development, transforming our understanding of economic growth, cycles, and the relationship between them. The subjects of Kazuo's analysis remain of fundamental importance to modern economic theory. This book collects his major contributions in a single volume. Kazuo Nishimura has been recognized for his contributions to economic theory on many occasions, being elected fellow of the Econometric Society and serving as an editor of several major journals.


Chapter “Introduction” is available open access under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License via link.springer.com.

"synopsis" may belong to another edition of this title.

About the Author

Makoto Yano is the director of the Institute for Economic Research at Kyoto University.  He has served as president of the Japanese Economic Association, and on the editorial board of many leading journals.  He has co-authored several of Kazuo Nishimura's seminal contributions to economic theory.

 

Alain Venditti is a director of research at the CNRS (Centre National de Recherche Scientifique), GREQAM (Groupement de Recherche en Economie Quantitative d'Aix-Marseille), and an associate professor at EDHEC Business School.  He has collaborated extensively with Kazuo Nishimura, and has published in many leading economics journals.  In 2007 he was awarded the IJET Lionel McKenzie Prize for contributions to economic theory.

 

John Stachurski is a professor at the Research School of Economics, Australian National University.  He has collaborated extensively with Kazuo Nishimura, and has published in many leading economics journals.  In 2005 he was awarded the IJET Lionel McKenzie Prize for contributions to economic theory.

From the Back Cover

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 of endogenous economic fluctuations. Kazuo Nishimura's seminal contributions on business cycles, chaotic equilibria and indeterminacy have been central to this development, transforming our understanding of economic growth, cycles, and the relationship between them. The subjects of Kazuo's analysis remain of fundamental importance to modern economic theory. This book collects his major contributions in a single volume. Kazuo Nishimura has been recognized for his contributions to economic theory on many occasions, being elected fellow of the Econometric Society and serving as an editor of several major journals.



Chapter “Introduction” is available open accessunder a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License via link.springer.com.

"About this title" may belong to another edition of this title.

Publisher
Springer
Publication date
2012
Language
English
ISBN 10 
3642223966
ISBN 13 
9783642223969
Binding
Hardcover
Number of pages
465
Editor
Stachurski John, Venditti Alain, Yano Makoto

Other Popular Editions of the Same Title

9783642446221: Nonlinear Dynamics in Equilibrium Models: Chaos, Cycles and Indeterminacy

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ISBN 10:  3642446221 ISBN 13:  9783642446221
Publisher: Springer, 2014
Softcover