Experimenting With Dynamic Macromodels 2024 pdf epub mobi 電子書 下載


Experimenting With Dynamic Macromodels

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This book presents a macroeconomic dynamic model � la Solow-Swan, including the market for labour, in a discrete time structure. Labour supply is modelled as a reversed S curve (derived in the appendix). The models are expanded to include expenditure on R&D (thus endogenous technical progress), and public expenditure on infrastructures.

For each of the three models, numerical simulations are implemented in MAPLE, and the results are shown in time series figures, which make it easy to detect that even small changes in the parameters produce responses in the time behaviour of the main variables: from steady growth, to regular cycles, to chaotic-like time paths.

The simulations show that cycles do not promote material welfare, as measured by total undiscounted consumption along the time horizon, and that the comparative action of R&D versus public expenditure is strictly linked to the values assigned to the parameters.

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Experimenting With Dynamic Macromodels 2024 pdf epub mobi 電子書 下載

Experimenting With Dynamic Macromodels 2024 pdf epub mobi 電子書 下載

Experimenting With Dynamic Macromodels 2024 pdf epub mobi 電子書 下載



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出版者:
作者:Nicola, Pier Carlo
出品人:
頁數:265
譯者:
出版時間:2008
價格:842.00 元
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isbn號碼:9783540773962
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