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Titlebook: Causal and Stochastic Elements in Business Cycles; An Essential Extensi Arvid Aulin Book 1996 Springer-Verlag Berlin Heidelberg 1996 Eonomi

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發(fā)表于 2025-3-21 19:50:00 | 只看該作者 |倒序瀏覽 |閱讀模式
書目名稱Causal and Stochastic Elements in Business Cycles
副標(biāo)題An Essential Extensi
編輯Arvid Aulin
視頻videohttp://file.papertrans.cn/223/222626/222626.mp4
叢書名稱Lecture Notes in Economics and Mathematical Systems
圖書封面Titlebook: Causal and Stochastic Elements in Business Cycles; An Essential Extensi Arvid Aulin Book 1996 Springer-Verlag Berlin Heidelberg 1996 Eonomi
描述1. Facts: A leisure term with an unbounded value function, when added to utility in the Lucas (1988) ‘mechanics of economic development‘, expands enormously the range of data covered by the theory. To explain this we have to ask two questions. First: why leisure would be so much desired? Perhaps because leisure is one‘s own time and such a leisure term means an unbounded value of individual freedom. But why leisure is economically productive, as implied by the results obtained in this study? Perhaps because cognitive innovations often occur during the time which in economics is registered as leisure? Then an unbounded leisure term would also make room for an unbounded creation of knowledge, as distinguished from the mere transmission of knowledge in education and training. In any case the leisure term seems to act as if it where the‘hole‘ through which strong nonmaterial values affect economics. The ensuing ‘extended mechanics‘ is derived in Chapters 4-6 and proves to involve an extension of growth theory as well as a theory of the causal part of business cycles. Their empirical verification is given by showing (i) that the existence of the two Basic Growth Paths derived from this
出版日期Book 1996
關(guān)鍵詞Eonomic Development; Growth; Innovations; Prediction; Theory of Economic Growth
版次1
doihttps://doi.org/10.1007/978-3-642-95738-3
isbn_softcover978-3-540-60593-5
isbn_ebook978-3-642-95738-3Series ISSN 0075-8442 Series E-ISSN 2196-9957
issn_series 0075-8442
copyrightSpringer-Verlag Berlin Heidelberg 1996
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Causal and Stochastic Elements in Business Cycles978-3-642-95738-3Series ISSN 0075-8442 Series E-ISSN 2196-9957
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https://doi.org/10.1007/978-3-663-01120-0e applications of dynamics to economic theory. This has not been always done in economic applications, which suggests that a detailled introduction to the mathematical tools as applied here may be useful. It will be given in the present Part I.
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978-3-540-60593-5Springer-Verlag Berlin Heidelberg 1996
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https://doi.org/10.1007/978-3-663-01120-0e applications of dynamics to economic theory. This has not been always done in economic applications, which suggests that a detailled introduction to the mathematical tools as applied here may be useful. It will be given in the present Part I.
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https://doi.org/10.1007/978-3-663-01123-1 Following the algorithm it is easily verified that a special solution of the equations of motion (4.3), (4.5)-(4.12), and of the relations (4.14)-(4.15) and (4.23)-(4.25) associated with them,is given by ..
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