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Nonlinear Economic Dynamics (Economic Theory, Econometrics, and Mathematical Economics) (Economic Theory, Econometrics, and Mathematical Economics)
Jean-Michel Grandmont (Author)
·
Emerald Group Publishing Limited
· Hardcover
Nonlinear Economic Dynamics (Economic Theory, Econometrics, and Mathematical Economics) (Economic Theory, Econometrics, and Mathematical Economics) - Jean-Michel Grandmont
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Origin: U.S.A.
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Synopsis "Nonlinear Economic Dynamics (Economic Theory, Econometrics, and Mathematical Economics) (Economic Theory, Econometrics, and Mathematical Economics)"
A timely work which represents a major reappraisal of business cycle theory. It revives, with the help of modern analytical techniques, an old theme of Keynesian macroeconomics, namely that market psychology (i.e., volatile expectations) may be a significant cause of economic fluctuations. It is of interest not only to economists, but also to mathematicians and physicists.