The Impact of Science on Economic Growth and Its Cycles 2024 pdf epub mobi 电子书

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发表于2024-11-08

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出版者:Springer Verlag

作者:Aulin, Arvid

出品人:

页数:204

译者:

出版时间:1998

价格:$ 84.69

装帧:Pap

isbn号码:9783540647270

丛书系列:

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The Impact of Science on Economic Growth and Its Cycles 2024 pdf epub mobi 电子书图书描述

The author shows that the enormous gap between theory and facts in modern macroeconomics can only be eliminated by nonlinear macroeconomic dynamics with the following special characteristics: First of all, only certain group-theoretical invariants generate the correct growth cycles with irregularly varying lengths, not any stochastic process as usually applied for this purpose. Furthermore, a special extended value function and generalized human capital are needed for a correct representation of scientific and technological innovation. Finally, the correct nonlinear macroeconomic dynamics are not reducible to microeconomics, for both of the above mentioned reasons.

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