System Dynamics in Economic and Financial Models
Author | : |
Publisher | : |
Total Pages | : 408 |
Release | : 1997-12-05 |
ISBN-10 | : STANFORD:36105022852714 |
ISBN-13 | : |
Rating | : 4/5 (14 Downloads) |
Download or read book System Dynamics in Economic and Financial Models written by and published by . This book was released on 1997-12-05 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 12 articles presented in this book have different approaches for the modelling of economic and financial processes. The topics cover a range of subjects (complex dynamics, nonlinear time series models, cointegration) and applications in the field of finance and macro economics. The articles are grouped according to the methods being applied. In the first group the authors are concerned with nonlinear dynamics; the papers in the second group are more empirically oriented; the last group contains papers on time series modelling in macro economics, with special attention for the aspect of nonstationarity. The book is intended to be one of discussion and debate on themes of common interest in economics, finance and dynamical systems. It examines the different approaches for the modelling of economic and financial processes so as to stimulate the communication of ideas and to overcome the barriers of specialization.