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Questo lavoro si propone il compito di illustrare le implicazioni relative in particolare riguardo stabilità e crescita. Le ragioni dell'unione sono da ricercare nei fattori politici tendenti ad evitare il ripetersi di una guerra mondiale argomento verso il quale le ceneri dell'Europa rendeva...
Persistent link: https://www.econbiz.de/10013071328
FM -- Introduction -- Part I: Mathematical background -- Dynamical systems -- An example of nonlinear dynamical system: The Logistic Map -- Bifurcations -- From local bifurcations to global dynamics: Hopf systems from the applied perspective -- Chaos -- Embedding and mutual information -- Part...
Persistent link: https://www.econbiz.de/10012615813
In this chapter, we outline the reasons why economics has been concerned with non-linear dynamics, with a particular focus on business cycles and on economic growth. Using varying perspectives, we discuss the salient historical mathematical approaches to the problem and the results that were...
Persistent link: https://www.econbiz.de/10012648040
In this chapter, we describe growth and cycles in economics as a struggle between capitalists and workers. We first present the Phillips curve (which statistically relates unemployment with the rate of change of nominal wages) and then the Goodwin model. The latter reinterprets, in economical...
Persistent link: https://www.econbiz.de/10012648043
This interdisciplinary book argues that the economy has an underlying non-linear structure and that business cycles are endogenous, which allows a greater explanatory power with respect to the traditional assumption that dynamics are stochastic and shocks are exogenous. The first part of this...
Persistent link: https://www.econbiz.de/10012495731