From Sunspots to Black Holes: Singular dynamics in macroeconomic models
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- Paulo B. Brito & Luís F. Costa & Huw D. Dixon, 2017. "From Sunspots to Black Holes: Singular Dynamics in Macroeconomic Models," Studies in Economic Theory, in: Kazuo Nishimura & Alain Venditti & Nicholas C. Yannelis (ed.), Sunspots and Non-Linear Dynamics, chapter 0, pages 41-70, Springer.
References listed on IDEAS
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- Cass, David & Shell, Karl, 1983. "Do Sunspots Matter?," Journal of Political Economy, University of Chicago Press, vol. 91(2), pages 193-227, April.
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Cited by:
- Anton Bondarev, 2021.
"Games Without Winners: Catching-up with Asymmetric Spillovers,"
Dynamic Games and Applications, Springer, vol. 11(4), pages 670-703, December.
- Bondarev, Anton, 2018. "Games without winners: Catching-up with asymmetric spillovers," Working papers 2018/12, Faculty of Business and Economics - University of Basel.
- Abad, Nicolas & Lloyd-Braga, Teresa & Modesto, Leonor, 2020.
"The failure of stabilization policy: Balanced-budget fiscal rules in the presence of incompressible public expenditures,"
Journal of Economic Dynamics and Control, Elsevier, vol. 120(C).
- Nicolas Abad & Teresa Lloyd-Braga & Leonor Modesto, 2019. "The failure of stabilization policy: balanced-budget fiscal rules in the presence of incompressible public expenditures," Working Papers hal-02331811, HAL.
- Paulo Brito, 2017.
"Government Debt, Fiscal Rules and Singular Growth Dynamics,"
Dynamic Modeling and Econometrics in Economics and Finance, in: Bettina Bökemeier & Alfred Greiner (ed.), Inequality and Finance in Macrodynamics, pages 43-74,
Springer.
- Brito, Paulo, 2016. "Government debt, fiscal rules and singular growth dynamics," MPRA Paper 74617, University Library of Munich, Germany.
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More about this item
Keywords
slow-fast singularities; impasse singularities; macroeconomic dynamics; temporary indeterminacy;All these keywords.
JEL classification:
- C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
- D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
NEP fields
This paper has been announced in the following NEP Reports:- NEP-GER-2016-07-16 (German Papers)
- NEP-HPE-2016-07-16 (History & Philosophy of Economics)
- NEP-MAC-2016-07-16 (Macroeconomics)
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