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Titlebook: Experimenting with Dynamic Macromodels; Growth and Cycles Pier Carlo Nicola Book 2008 Springer-Verlag Berlin Heidelberg 2008 Cycles.Forschu

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書目名稱Experimenting with Dynamic Macromodels
副標(biāo)題Growth and Cycles
編輯Pier Carlo Nicola
視頻videohttp://file.papertrans.cn/320/319103/319103.mp4
概述Includes supplementary material:
叢書名稱Lecture Notes in Economics and Mathematical Systems
圖書封面Titlebook: Experimenting with Dynamic Macromodels; Growth and Cycles Pier Carlo Nicola Book 2008 Springer-Verlag Berlin Heidelberg 2008 Cycles.Forschu
描述.This book presents a macroeconomic dynamic model à la Solow-Swan, including the market for labour, in a discrete time structure. Labour supply is modelled as a reversed S curve (derived in the appendix). The models are expanded to include expenditure on R&D (thus endogenous technical progress), and public expenditure on infrastructures...For each of the three models, numerical simulations are implemented in MAPLE, and the results are shown in time series figures, which make it easy to detect that even small changes in the parameters produce responses in the time behaviour of the main variables: from steady growth, to regular cycles, to chaotic-like time paths...The simulations show that cycles do not promote material welfare, as measured by total undiscounted consumption along the time horizon, and that the comparative action of R&D versus public expenditure is strictly linked to the values assigned to the parameters..
出版日期Book 2008
關(guān)鍵詞Cycles; Forschung & Entwicklung; Growth; Macroeconomics; R & D; Simulation; Simulations; production
版次1
doihttps://doi.org/10.1007/978-3-540-77397-9
isbn_softcover978-3-540-77396-2
isbn_ebook978-3-540-77397-9Series ISSN 0075-8442 Series E-ISSN 2196-9957
issn_series 0075-8442
copyrightSpringer-Verlag Berlin Heidelberg 2008
The information of publication is updating

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Gravitation Described by the Potentials , ,Constant Elasticity of Substitution (CES), and fixed coefficients, or Leontief, functions. We should mention also the so called returns to scale. The simplest case to consider in the analysis of macro models, for all types of production functions, is constant returns to scale, i.e. multiplying all i
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Introduction to Compact Simple Lie Groupsrowth, a large literature has been devoted to the grand theme of the time evolution of an economy, and of its business cycles.1 In this chapter we focus on one element contributing to economic growth, and to business cycles, that is often not considered explicitly in general theoretical macromodels:
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