Sunspots and Non-Linear Dynamics -

Sunspots and Non-Linear Dynamics

Essays in Honor of Jean-Michel Grandmont
Buch | Hardcover
VI, 409 Seiten
2016 | 1st ed. 2017
Springer International Publishing (Verlag)
978-3-319-44074-3 (ISBN)
106,99 inkl. MwSt
This book presents the state-of-the-art in non-linear dynamics and sunspots. These two topics have been the core of an international conference on instability and public policies in a globalized world, organized at Aix-Marseille School of Economics and GREQAM in honor of Jean-Michel Grandmont. He has made significant contributions on general equilibrium theory, monetary theory, learning, aggregation, non-linear dynamics and sunspots. This book assembles contributions by Jean-Michel Grandmont's colleagues, students and friends that have been influenced by his works and that are at the frontier of research in this domain today.

I. Self-fulfilling Expectations and Sunspots.- Assessing the Local Stability Properties of Discrete Three-Dimensional Dynamical Systems: a Geometrical Approach with Triangles and Planes & an Application with some Cones.- From Sunspots to Black Holes: Singular Dynamics in Macroeconomic Models.- Sunspot Fluctuations in Two-Sector Models with Variable Income Effects.- A Survey on Self-Fulfilling Mistakes.- Regime-Switching Sunspot Equilibria in a One-Sector Growth Model with Aggregate Decreasing Returns and Small Externalities.- Equilibrium Dynamics in a Two-Sector OLG Model with Liquidity Constraint.- Sunspots and Homoclinic Bifurcations in Continuous-Time Endogenous Growth Models.- II. Bubbles and Stabilizing Policy.- Rational Land and Housing Bubbles in Infinite-Horizon Economies.- The Stabilizing Virtues of Monetary Policy on Endogenous Bubble Fluctuations.- Can Consumption Taxes Stabilize the Economy in the Presence of Consumption Externalities?.- III. Growth.- Uncertainty andSentiment-Driven Equilibria.- Technological Progress, Employment and the Lifetime of Capital.- Nonbalanced Growth in a Neoclassical Two-sector Optimal Growth Model.- IV. General Equilibrium.- An Argument for Positive Nominal Interest.- Winners and Losers from Price-Level Volatility: Money Taxation and Information Frictions.- A Note on Information, Trade and Common Knowledge.

Erscheinungsdatum
Reihe/Serie Studies in Economic Theory
Zusatzinfo VI, 409 p. 62 illus., 28 illus. in color.
Verlagsort Cham
Sprache englisch
Maße 155 x 235 mm
Themenwelt Mathematik / Informatik Mathematik Angewandte Mathematik
Wirtschaft Volkswirtschaftslehre Makroökonomie
Schlagworte Bubbles • Economic Growth • Economics • Economics and finance • Economic theory and philosophy • Economic Theory/Quantitative Economics/Mathematica • Game Theory • Game Theory, Economics, Social and Behav. Sciences • General Equilibrium Theory • growth • non-linear dynamics • Self-fulfilling expectations • Sunspot equilibria • Sunspots
ISBN-10 3-319-44074-8 / 3319440748
ISBN-13 978-3-319-44074-3 / 9783319440743
Zustand Neuware
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