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Nonlinearities in Economics - An Interdisciplinary Approach to Economic Dynamics, Growth and Cycles(Pevná vazba)

Nonlinearities in Economics - An Interdisciplinary Approach to Economic Dynamics, Growth and Cycles(Pevná vazba)
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EAN: 9783030709815

This interdisciplinary book argues that the economy has an underlying non-linear structure and that business cycles are endogenous, which allows a greater explanatory power with respect to the traditional assumption that dynamics are stochastic and shocks are exogenous. The first part of this work is formal-methodological and provides the mathematical background needed for the remainder, while the second part presents the view that signal processing involves construction and deconstruction of information and that the efficacy of this process can be measured. The third part focuses on economics and provides the related background and literature on economic dynamics and the fourth part is devoted to new perspectives in understanding nonlinearities in economic dynamics: growth and cycles. By pursuing this approach, the book seeks to (1) determine whether, and if so where,

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