This paper is an up-to-date survey of the state-of-the-art in dynamical systems theory relevant to high levels of dynamical complexity, characterizing chaos and near chaos, as commonly found in the physical sciences. The paper also surveys applications in economics and �finance. This survey...

Key Features:The analytical tools provided in this book aid readers in developing a deeper understanding of monetary issuesThis is an ideal book for upper-level undergraduate and graduate students as well as a reference for researchers and professionals in economics and finance.

Intro -- Contents -- Foreword -- Part 1: Crude Oil Markets -- 1 Unit Root Behavior in Energy Futures Prices -- 1.1 Introduction -- 1.2 Data -- 1.3 Empirical Evidence -- 1.3.1 Autocorrelation Based Tests -- 1.3.2 Univariate Tests for Unit Roots -- 1.4 Conclusions -- 2 Rational Expectations, Risk,...

The most comprehensive textbook available on the money demand function and its role in modern macroeconomics, this book takes a microeconomic- and aggregation-theoretic approach to the topic and presents empirical evidence using state-of-the-art econometric methodology, while recognizing the...