Experimenting with Dynamic Macromodels is popular PDF and ePub book, written by PierCarlo Nicola in 2008-02-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Experimenting with Dynamic Macromodels can be Read Online from any device for your convenience.
Experimenting with Dynamic Macromodels Book PDF Summary
This book presents a macroeconomic dynamic model à la Solow-Swan, including the market for labor, in a discrete time structure. The model is expanded to include expenditure on R&D and public expenditure on infrastructure. For each of the three models the results are shown in time series figures, which demonstrate that even small changes in the parameters produce responses in the time behavior of the main variables: from steady growth, to regular cycles, to chaotic-like time paths.
Detail Book of Experimenting with Dynamic Macromodels PDF
- Author : PierCarlo Nicola
- Release : 01 February 2008
- Publisher : Springer Science & Business Media
- ISBN : 9783540773979
- Genre : Business & Economics
- Total Page : 265 pages
- Language : English
- PDF File Size : 20,7 Mb
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