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Nonlinear and Complex Dynamics in Economics

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  • William A. Barnett

    (Washington University in St. Louis)

  • Alfredo Medio

    (University of Venice)

  • Apostolos Serletis

    (University of Calgary)

Abstract

This paper surveys both the theoretical and empirical economics literatures on nonlinearity, complex dynamics, and chaos. Unlike earlier survey papers, this one is written for professional researchers in the area and assumes relevant mathematical background. Unsolved problems and unresolved issues in that literature are emphasized.

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Bibliographic Info

Paper provided by EconWPA in its series Econometrics with number 9709001.

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Length: 88 pages
Date of creation: 24 Sep 1997
Date of revision:
Handle: RePEc:wpa:wuwpem:9709001

Note: Type of Document - Tex; prepared on IBM PC; pages: 88 ; figures: 9 included. This is an advanced survey of complex dynamics, nonlinearity, and chaos in economics.
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Web page: http://128.118.178.162

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Keywords: complex dynamics nonlinearity chaos;

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References

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Citations

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Cited by:
  1. William A. Barnett & Alfredo Medio & Apostolos Serletis, 1997. "Nonlinear and Complex Dynamics in Economics," Econometrics 9709001, EconWPA.
  2. William Barnett & Yijun He, 2012. "Center Manifold, Stability, and Bifurcations in Continuous Time Macroeconometric Systems," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 201227, University of Kansas, Department of Economics, revised Sep 2012.
  3. Orlando Gomes, 2006. "Endogenous Business Cycles in the Ramsey Growth Model," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 9(2), pages 13-36, November.
  4. Gomes, Orlando, 2012. "Information stickiness in general equilibrium and endogenous cycles," Economics Discussion Papers 2012-46, Kiel Institute for the World Economy.
  5. Nakamura, Emi, 2005. "Inflation forecasting using a neural network," Economics Letters, Elsevier, vol. 86(3), pages 373-378, March.
  6. Vivaldo M. Mendes & Diana A. Mendes, 2007. "Controlling Endogenous Cycles in an OLG Economy by the OGY Method," Working Papers Series 1 ercwp0808, ISCTE-IUL, Business Research Unit (BRU-IUL).
  7. Vivaldo M. Mendes & Diana A. Mendes, 2006. "Active Interest Rate Rules and the Role of Stabilization Policy R&D Tax Credits," Working Papers Series 1 ercwp0208, ISCTE-IUL, Business Research Unit (BRU-IUL).
  8. Haider, Adnan & Hanif, Muhammad Nadeem, 2007. "Inflation Forecasting in Pakistan using Artificial Neural Networks," MPRA Paper 14645, University Library of Munich, Germany.

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