Book Details

Business Cycle Dynamics

Publication year: 2006

: 978-3-540-32168-2


Business cycle theory has been one of the fastest growing fields in modern nonlinear economic dynamics. The book is centered around models of multiplier-accelerator type, emerging from Samuelson's seminal work, later developed into nonlinear formats by Hicks and Goodwin. These models left open ends, as the tools then available did not permit more systematic analysis.

: Business and Economics, Business Cycle Models, Hicksian Floor and Ceiling, Multiplier-Accelerator Models, Non-linear Dynamical Systems, Oligopol, bifurcation, calculus, dynamics, economic dynamics