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Jean-Michael Grandmont

Nonlinear Economic Dynamics (Economic Theory, Econometrics and Mathematical Economics Series)

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ISBN: 0122951409, 9780122951404
Издательство: Academic Press
Год издания: 2010
Страниц: 216
A timely work which represents a major reappraisal of business cycle theory. It revives, with the help of modern analytical techniques, an old theme of Keynesian macroeconomics, namely that "market psychology" (i.e., volatile expectations) may be a significant cause of economic fluctuations. It is of interest not only to economists, but also to mathematicians and physicists.
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