均衡モデルにおける非線形動学:西村和雄精選論文集<br>Nonlinear Dynamics in Equilibrium Models : Chaos, Cycles and Indeterminacy

均衡モデルにおける非線形動学:西村和雄精選論文集
Nonlinear Dynamics in Equilibrium Models : Chaos, Cycles and Indeterminacy

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  • 製本 Hardcover:ハードカバー版/ページ数 412 p.
  • 商品コード 9783642223969

基本説明

A unique collection of Kazuo Nishimura's most important papers. Includes a detailed treatment of nonlinear dynamics in many key growth models.

Full Description

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.

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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