Skip to content
Cart

Your Cart

×

You have 0 items in your cart.

Register Sign in Wishlist
Economic Complexity: Chaos, Sunspots, Bubbles, and Nonlinearity

Economic Complexity: Chaos, Sunspots, Bubbles, and Nonlinearity
Proceedings of the Fourth International Symposium in Economic Theory and Econometrics

$185.00 (C)

Part of International Symposia in Economic Theory and Econometrics

David Cass, Karl Shell, K Pierre-André Chiappori, Roger Guesnerie, Jean-Michel Grandmont, James Peck, Karl Shell, Duncan K. Foley, L. Broze, C. Gourieroux, A. Szafarz, Albert Marcet, Thomas J. Sargent, William A. Barnett, Seungmook S. Choi, José A. Scheinkman, Blake LeBaron, Michele Boldrin, Richard H. Day, Jean-Luc Walter, Stephen E. Spear, Michael Woodford, John Geweke, James H. Stock, Melvin J. Hinich, Douglas M. Patterson
View all contributors
  • Date Published: July 1989
  • availability: Available
  • format: Hardback
  • isbn: 9780521355636

$ 185.00 (C)
Hardback

Add to cart Add to wishlist

Other available formats:
Paperback


Looking for an examination copy?

If you are interested in the title for your course we can consider offering an examination copy. To register your interest please contact collegesales@cambridge.org providing details of the course you are teaching.

Description
Product filter button
Description
Contents
Resources
Courses
About the Authors
  • The contents of this volume comprise the proceedings of the International Symposia in Economic Theory and Econometrics conference held in 1987 at the IC^T2 (Innovation, Creativity, and Capital) Institute at the University of Texas at Austin. The essays present fundamental new research on the analysis of complicated outcomes in relatively simple macroeconomic models. The book covers econometric modelling and time series analysis techniques in five parts. Part I focuses on sunspot equilibria, the study of uncertainty generated by nonstochastic economic models. Part II examines the more traditional examples of deterministic chaos: bubbles, instability, and hyperinflation. Part III contains the most current literature dealing with empirical tests for chaos and strange attractors. Part IV deals with chaos and informational complexity. Part V, Nonlinear Econometric Modelling, includes tests for and applications of nonlinearity.

    Customer reviews

    Not yet reviewed

    Be the first to review

    Review was not posted due to profanity

    ×

    , create a review

    (If you're not , sign out)

    Please enter the right captcha value
    Please enter a star rating.
    Your review must be a minimum of 12 words.

    How do you rate this item?

    ×

    Product details

    • Date Published: July 1989
    • format: Hardback
    • isbn: 9780521355636
    • length: 424 pages
    • dimensions: 229 x 152 x 27 mm
    • weight: 0.79kg
    • availability: Available
  • Table of Contents

    Editor's introduction
    Part I. Sunspot Equilibria:
    1. Sunspot equilibrium in an overlapping-generations economy with an idealized contingent-commodites market David Cass and Karl Shell
    2. On stationary sunspot equilibria of order K Pierre-André Chiappori and Roger Guesnerie
    3. Local bifurcations and stationary sunspots Jean-Michel Grandmont
    4. On the nonequivalence of the Arrow-securities game and the contingent-commodities game James Peck and Karl Shell
    Part II. Bubbles, Instability, and Hyperinflation:
    5. Endogenous financial-production cycles in a macroeconomic model Duncan K. Foley
    6. Speculative bubbles and exchange of information on the market of a storable good L. Broze, C. Gourieroux and A. Szafarz
    7. Least-squares learning and the dynamics of hyperinflation Albert Marcet and Thomas J. Sargent
    Part III. Empirical Tests for Chaos:
    8. A comparison between the conventional economic approach to structural inference and the nonparametric chaotic attractor approach William A. Barnett and Seungmook S. Choi
    9. Nonlinear dynamics and GNP data José A. Scheinkman and Blake LeBaron
    Part IV. Chaos and Informational Complexity in Economic Theory:
    10. Paths of optimal accumulation in two-sector models Michele Boldrin
    11. Economic growth in the very long run: on the multiple-phase interaction of population, technology, and social infrastructure Richard H. Day and Jean-Luc Walter
    12. When are small frictions negligible? Stephen E. Spear
    13. Imperfect financial intermediation and complex dynamics Michael Woodford
    Part V. Nonlinear Economic Modeling:
    14. Modeling with normal polynominal expansions John Geweke
    15. Hysteresis and the evolution of postwar US and UK unemployment James H. Stock
    16. Evidence of nonlinearity in the trade-by-trade stock market return generating process Melvin J. Hinich and Douglas M. Patterson.

  • Editors

    William A. Barnett

    John Geweke

    Karl Shell

    Contributors

    David Cass, Karl Shell, K Pierre-André Chiappori, Roger Guesnerie, Jean-Michel Grandmont, James Peck, Karl Shell, Duncan K. Foley, L. Broze, C. Gourieroux, A. Szafarz, Albert Marcet, Thomas J. Sargent, William A. Barnett, Seungmook S. Choi, José A. Scheinkman, Blake LeBaron, Michele Boldrin, Richard H. Day, Jean-Luc Walter, Stephen E. Spear, Michael Woodford, John Geweke, James H. Stock, Melvin J. Hinich, Douglas M. Patterson

Sign In

Please sign in to access your account

Cancel

Not already registered? Create an account now. ×

Sorry, this resource is locked

Please register or sign in to request access. If you are having problems accessing these resources please email lecturers@cambridge.org

Register Sign in
Please note that this file is password protected. You will be asked to input your password on the next screen.

» Proceed

You are now leaving the Cambridge University Press website. Your eBook purchase and download will be completed by our partner www.ebooks.com. Please see the permission section of the www.ebooks.com catalogue page for details of the print & copy limits on our eBooks.

Continue ×

Continue ×

Continue ×

Find content that relates to you

This site uses cookies to improve your experience. Read more Close

Are you sure you want to delete your account?

This cannot be undone.

Cancel

Thank you for your feedback which will help us improve our service.

If you requested a response, we will make sure to get back to you shortly.

×
Please fill in the required fields in your feedback submission.
×