Adaptive Expectations and Perfect Foresight in a Nonlinear Metzlerian Model of the Inventory Cycle
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References listed on IDEAS
- Eckalbar, John C, 1985. "Inventory Fluctuations in a Disequilibrium Macro Model," Economic Journal, Royal Economic Society, vol. 95(380), pages 976-991, December.
- Chiarella, Carl, 1986. "Perfect foresight models and the dynamic instability problem from a higher viewpoint," Economic Modelling, Elsevier, vol. 3(4), pages 283-292, October.
- Simonovits, Andras, 1982. " Buffer Stocks and Naive Expectations in a Non-Walrasian Dynamic Macromodel: Stability, Cyclicity and Chaos," Scandinavian Journal of Economics, Wiley Blackwell, vol. 84(4), pages 571-581.
- Chiarella, Carl, 1990. "Excessive exchange rate variability : A possible explanation using nonlinear economic dynamics," European Journal of Political Economy, Elsevier, vol. 6(3), pages 315-352, December.
- Honkapohja, Seppo & Ito, Takatoshi, 1980. " Inventory Dynamics in a Simple Disequilibrium Macroeconomic Model," Scandinavian Journal of Economics, Wiley Blackwell, vol. 82(2), pages 184-198.
CitationsCitations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
- Toichiro Asada & Peter Flaschel & Gang Gong & Willi Semmler, 2003. "Monetary Policy, Currency Unions and Open Economy Macrodynamics," Bulletin of the Czech Econometric Society, The Czech Econometric Society, vol. 10(19).
- Peter Flaschel & Gang Gong & Willi Semmler, 1998. "A Keynesian Based Econometric Framework for Studying Monetary Policy Rules," SCEPA working paper series. SCEPA's main areas of research are macroeconomic policy, inequality and poverty, and globalization. 1998-04, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
- Wegener, Michael & Westerhoff, Frank & Zaklan, Georg, 2009. "A Metzlerian business cycle model with nonlinear heterogeneous expectations," Economic Modelling, Elsevier, vol. 26(3), pages 715-720, May.
- Toichiro Asada & Carl Chiarella & Peter Flaschel, 2003. "Keynes-Metzler-Goodwin Model Building: The Closed Economy," Working Paper Series 124, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
- Louri, Helen, 1996. "Inventory investment in Greek manufacturing industry: Effects from participation in the European market," International Journal of Production Economics, Elsevier, vol. 45(1-3), pages 47-54, August.
- Michael Wegener & Frank Westerhoff, 2012. "Evolutionary competition between prediction rules and the emergence of business cycles within Metzler’s inventory model," Journal of Evolutionary Economics, Springer, vol. 22(2), pages 251-273, April.
- Matsumoto, Akio, 1998. "Non-linear structure of a Metzlerian inventory cycle model," Journal of Economic Behavior & Organization, Elsevier, vol. 33(3-4), pages 481-492, January.
- Matsumoto, Akio, 2001. "Can inventory chaos be welfare improving," International Journal of Production Economics, Elsevier, vol. 71(1-3), pages 31-43, May.
- Frank H. Westerhoff, 2008. "Heuristic Expectation Formation And Business Cycles: A Simple Linear Model," Metroeconomica, Wiley Blackwell, vol. 59(1), pages 47-56, February.
- Carl Chiarella & Peter Flaschel & Gang Gong & Willi Semmler, 2002. "Nonlinear Phillips Curves, Complex Dynamics and Monetary Policy in a Keynesian Macro Model," Working Paper Series 120, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
- Carl Chiarella & Peter Flaschel, 1999. "Disequilibrium Growth Theory: Foundations, Synthesis, Perspectives," Working Paper Series 85, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
- Carl Chiarella & Peter Flaschel, 1999. "Towards Applied Disequilibrium Growth Theory: III Basic Partial Feedback Structures and Stability Issues," Working Paper Series 95, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
- Chiarella, Carl & Flaschel, Peter, 2000. "High order disequilibrium growth dynamics: Theoretical aspects and numerical features," Journal of Economic Dynamics and Control, Elsevier, vol. 24(5-7), pages 935-963, June.
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