Complex Economic Dynamics: Obvious in History, Generic in Theory, Elusive in Data
AbstractThe capacity of nonlinear dynamic models to mimic qualitative features of economic data is illustrated with an adaptive version of the neoclassical growth theory. Implications for econometric methodology are discussed, emphasizing structural estimation and qualitative inference. Copyright 1992 by John Wiley & Sons, Ltd.
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Bibliographic InfoArticle provided by John Wiley & Sons, Ltd. in its journal Journal of Applied Econometrics.
Volume (Year): 7 (1992)
Issue (Month): S (Suppl. Dec.)
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Web page: http://www.interscience.wiley.com/jpages/0883-7252/
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