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On Growth And Indeterminacy
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Book Synopsis Growth and Business Cycles with Equilibrium Indeterminacy by : Kazuo Mino
Download or read book Growth and Business Cycles with Equilibrium Indeterminacy written by Kazuo Mino and published by Springer. This book was released on 2017-07-11 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, the issue of equilibrium indeterminacy has been one of the major research concerns in macroeconomic dynamics. Growth and Business Cycles with Equilibrium Indeterminacy discusses the main topics in this literature. Based on comprehensive surveys and the author’s original research, this book explores sunspot-driven fluctuations in real business cycle models, multiple equilibria in endogenous growth models, and the stabilization effects of fiscal and monetary policy rules. The book also considers equilibrium indeterminacy in open economy models.
Book Synopsis On Growth and Indeterminacy by : Jess Benhabib
Download or read book On Growth and Indeterminacy written by Jess Benhabib and published by . This book was released on 1995 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economic Growth by : Alfonso Novales
Download or read book Economic Growth written by Alfonso Novales and published by Springer Science & Business Media. This book was released on 2008-10-06 with total page 543 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a book on deterministic and stochastic Growth Theory and the computational methods needed to produce numerical solutions. Exogenous and endogenous growth models are thoroughly reviewed. Special attention is paid to the use of these models for fiscal and monetary policy analysis. Modern Business Cycle Theory, the New Keynesian Macroeconomics, the class of Dynamic Stochastic General Equilibrium models, can be all considered as special cases of models of economic growth, and they can be analyzed by the theoretical and numerical procedures provided in the textbook. Analytical discussions are presented in full detail. The book is self contained and it is designed so that the student advances in the theoretical and the computational issues in parallel. EXCEL and Matlab files are provided on an accompanying website to illustrate theoretical results as well as to simulate the effects of economic policy interventions.
Book Synopsis Business Cycle Models with Indeterminacy by : Mark Weder
Download or read book Business Cycle Models with Indeterminacy written by Mark Weder and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Three original models which explain business cycles as a result of self-fulfilling expectations are presented. The models are founded on the structure of dynamic general equilibrium theory. Market power and increasing returns to scale are introduced which allow indeterminancy of the Rational Expectations equilibria to be obtained. Unlike the majority of existing literature on this subject, the departures from perfect markets and constant returns presented in these models are very low and, more importantly, at a realistic level to achieve the respective results. It is demonstrated in all of the presented models that stylized facts of the business cycle can be reproduced.
Book Synopsis Conceptual disparity and the growth of knowledge by : Caitlin Millard
Download or read book Conceptual disparity and the growth of knowledge written by Caitlin Millard and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Nonlinear Dynamics in Equilibrium Models by : John Stachurski
Download or read book Nonlinear Dynamics in Equilibrium Models written by John Stachurski and published by Springer Science & Business Media. This book was released on 2012-01-25 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: Optimal growth theory studies the problem of efficient resource allocation over time, a fundamental concern of economic research. Since the 1970s, the techniques of nonlinear dynamical systems have become a vital tool in optimal growth theory, illuminating dynamics and demonstrating the possibility of endogenous economic fluctuations. Kazuo Nishimura's seminal contributions on business cycles, chaotic equilibria and indeterminacy have been central to this development, transforming our understanding of economic growth, cycles, and the relationship between them. The subjects of Kazuo's analysis remain of fundamental importance to modern economic theory. This book collects his major contributions in a single volume. Kazuo Nishimura has been recognized for his contributions to economic theory on many occasions, being elected fellow of the Econometric Society and serving as an editor of several major journals. Chapter “Introduction” is available open access under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License via link.springer.com.
Book Synopsis Wage Differentials and Economic Growth (Routledge Revivals) by : Pasquale Sgro
Download or read book Wage Differentials and Economic Growth (Routledge Revivals) written by Pasquale Sgro and published by Routledge. This book was released on 2020-03-27 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, which was first published in 1980, is concerned with one particular branch of growth theory, namely descriptive growth theory. It is typically assumed in growth theory that both the factors and goods market are perfectly competitive. In particular this implies amongst other things that the reward to each factor is identical in each sector of the economy. In this book the assumption of identical factor rewards is relaxed and the implications of an intersectoral wage differential for economic growth are analysed. There is also some discussion on the short-term and long-run effects of minimum wage legislation on growth. This book will serve as key reading for students of economics.
Book Synopsis Agricultural Technical Progress and the Development of a Dual Economy by : Thorsten Wichmann
Download or read book Agricultural Technical Progress and the Development of a Dual Economy written by Thorsten Wichmann and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: A two-sector model of a developing country consisting of agriculture and industry is presented. Growth and structural change are discussed in variants with exogenous as well as endogenous technical progress, algebraically and by numerical simulations. Consequences from taking into account peculiarities of food production and consumption are analyzed. These include technology adoption in agriculture, Engel's law and a relationship between the level of nutrition and productivity.
Book Synopsis Indeterminacy in Terminology and LSP by : Bassey Antia
Download or read book Indeterminacy in Terminology and LSP written by Bassey Antia and published by John Benjamins Publishing. This book was released on 2007-05-09 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the oft-neglected tensions between perspicuity and fuzziness in specialised communication. It describes the manifestations, functions and implications of indeterminacy phenomena in a range of LSP specialisations where it has been customary to expect precision and consistency. The volume presents case studies and methodological frameworks that draw on theoretical, anthropological and cognitive linguistics, safety-critical translating, history and theory of terminology studies, development of ontologies, software localisation, jurisprudence, macroeconomics and interoperability of digital knowledge representation resources. With chapters by leading scholars drawn from eleven countries, this book contributes to the benchmarking of indeterminacy scholarship in LSP studies and is a fitting tribute to its dedicatee, Professor Heribert Picht who, even in retirement, remains a constant presence in LSP and terminology studies. The book should be of interest to scholars of the aforementioned areas.
Book Synopsis New Philosophy of Social Science by : James Bohman
Download or read book New Philosophy of Social Science written by James Bohman and published by Polity. This book was released on 1994-06-13 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now available in paperback, this book offers an original introduction to the philosophy of social science, emphasising new post-empiricist approaches.
Book Synopsis Tail Risk Killers: How Math, Indeterminacy, and Hubris Distort Markets by : Jeffrey McGinn
Download or read book Tail Risk Killers: How Math, Indeterminacy, and Hubris Distort Markets written by Jeffrey McGinn and published by McGraw Hill Professional. This book was released on 2012-01-06 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reshape your investing strategy for an increasingly uncertain world “An engrossing, fast-paced, terrific read for anyone interested in the financial imbalances due to too much reliance on math and too little respect for indeterminacy.” —Tyler Durden, ZeroHedge.com The world does not unfold according to a fixed set of rules. It is a dynamical system whose evolution looks like a bell curve with fat “tails.” The same is true of financial markets. However, every day we rely on the certainty and precision of mathematical strategies that assume the contrary to control and grow wealth in markets. Tail Risk Killers shows you how the rigidity of model-based thinking has led to the fragility of today’s global financial marketplace, and it explains how to use adaptive trading strategies to mitigate risk in impending market conditions. Risk management veteran Jeff McGinn pokes holes in prevalent assumptions about how financial markets act that tend to underestimate the likelihood of occurrence of extreme events. Through clear, conversational writing, real-world anecdotes, and easy-tofollow formulas, he provides a glimpse into the way tomorrow’s successful traders are viewing financial markets—with an eye for probability distributions. While illustrating how to protect your assets from tail risk, he shows you how to: Implement the six axioms for risk management Prepare for the unintended consequences of central banks suppressing tail risk Identify and avoid the dark risks hidden in today’s derivative-laden financial system Anticipate the fate of credit default swaps that may not face extinction McGinn argues that the intervention of central banks has robbed global markets of their opportunities to adapt, but this highly relevant book shows you that it is not too late to adapt your portfolio to survive the extreme events that happen more often than popular financial models suggest. Tail Risk Killers helps you discover useful information and processes beyond the focus of industry standards, helps you connect the dots of evolving trading strategies and time your next trade for maximum profitability.
Book Synopsis Text, Body and Indeterminacy by : Anna Budziak
Download or read book Text, Body and Indeterminacy written by Anna Budziak and published by Cambridge Scholars Publishing. This book was released on 2009-03-26 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: The nature of the self is an important point at which philosophy and literature intersect. Text, Body and Indeterminacy acknowledges this connection by forging a link between the philosophical concept of the self and the category of the literary character. The philosophical horizon of Text, Body and Indeterminacy is delineated by the neo-pragmatist debate on selfhood. The book entwines the ideas of Richard Rorty and Richard Shusterman by stressing similarity in their aestheticizing of ethics and by showing the difference in their understanding of the self as textual or bodily. The characters created by Pater and Wilde are freshly assessed within this dual philosophical perspective. Their doppelgängers are seen as the forerunners of postmodernist concepts: the cerebral flâneur is reflected in Rorty’s model “ironist,” and the sensuous aesthete returns through Shusterman’s notion of the somatic self. Text, Body and Indeterminacy establishes how Pater renders his protagonists through discursive patterns—tropes of Decadence, philosophical theorems, and myths—only to subvert these vocabularies and to emphasize the reality of the body, the extra-textual dimension of the self. It also shows how Wilde’s sensuous personae, both bodily and indeterminate, transcend the vocabularies available to the Wildean flâneurs. Through its interpretations, Text Body and Indeterminacy uniquely combines literary portraits by Pater and Wilde, highlights interlocking themes and, in every reading, points to the ethical gains of tilting the idea of selfhood into the somatic realm.
Download or read book Advances in Agronomy written by and published by Elsevier. This book was released on 2000-10-11 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 71 contains six outstanding reviews that discuss cutting edge developments in the crop and soil sciences. Chapter 1 addresses advances in the development, use, and evaluation of controlled release fertilizers. Chapter 2 is a comprehensive review of developments in breeding crops for increased nutritional value. Historical and current advances in the field are covered as well as selection in methodology and employment of molecular biology tools. Chapter 3 is a comprehensive treatment of remaking bean plant architecture for efficient production. Chapter 4 is a review on carbon sequestration, specifically, the potential of world cropland solid to serve as a source of atmospheric carbon. Chapter 5 discusses the ability of grain legumes (pulses) to adapt to water-limited environments. Chapter 6 describes and applies an important water quality model - the root zone water quality model (RZWQM). The model is described and discussion is provided on the calibration and application in laboratory and field settings.
Book Synopsis The Indeterminate Permit in Relation to Home Rule and Public Ownership by : Delos Franklin Wilcox
Download or read book The Indeterminate Permit in Relation to Home Rule and Public Ownership written by Delos Franklin Wilcox and published by . This book was released on 1926 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes its Proceedings, 1919-
Book Synopsis Strategic Indeterminacy in the Law by : David Lanius
Download or read book Strategic Indeterminacy in the Law written by David Lanius and published by Oxford University Press. This book was released on 2019-05-30 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Though indeterminacy in legal texts is pervasive, there is a widespread misunderstanding about what indeterminacy is, particularly as it pertains to law. Legal texts present unique challenges insofar as they address a heterogeneous audience, are applied in a variety of unforeseeable circumstances and must, at the same time, lay down clear and unambiguous standards. Sometimes they fail to do so, however, either by accident or by intention. While many have claimed that indeterminacy facilitates flexibility and can be strategically used, few have recognized that there are more forms of indeterminacy than vagueness and ambiguity. A comprehensive account of legal indeterminacy is thus called for. David Lanius here answers that call and in so doing, addresses three central questions about the role of indeterminacy in the law. First, what are the sources of indeterminacy in law? Second, what effects do the different forms of indeterminacy have? Third, how can and should these forms be intentionally used? Based on a thorough examination of the advantages and disadvantages of the different forms of indeterminacy in the wording of laws, contracts, and verdicts, Lanius argues for the claim that semantic vagueness is less relevant than commonly supposed in the debate, while other forms of indeterminacy (in particular, polysemy and standard-relativity) are mistakenly underrated or even ignored. This misconception is due to a systematic confusion between semantic vagueness and these other forms of indeterminacy. Once it is resolved, the value and functions of linguistic indeterminacy in the law can be clearly shown.
Book Synopsis Evolutionary Ecology of Freshwater Animals by : B. Streit
Download or read book Evolutionary Ecology of Freshwater Animals written by B. Streit and published by Birkhäuser. This book was released on 2013-03-11 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evolutionary ecology includes aspects of community structure, trophic interactions, life-history tactics, and reproductive modes, analyzed from an evolutionary perspective. Freshwater environments often impose spatial structure on populations, e.g. within large lakes or among habitat patches, facilitating genetic and phenotypic divergence. Traditionally, freshwater systems have featured prominently in ecological research and population biology. This book brings together information on diverse freshwater taxa, with a mix of critical review, synthesis, and case studies. Using examples from bryozoans, rotifers, cladocerans, molluscs, teleosts and others, the authors cover current conceptual issues of evolutionary ecology in considerable depth. The book can serve as a source of critically evaluated ideas, detailed case studies, and open problems in the field of evolutionary ecology. It is recommended for students and researchers in ecology, limnology, population biology, and evolutionary biology.
Book Synopsis International Trade and Economic Dynamics by : Takashi Kamihigashi
Download or read book International Trade and Economic Dynamics written by Takashi Kamihigashi and published by Springer Science & Business Media. This book was released on 2008-10-16 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: Renowned trade theorist Koji Shimomura passed away in February 2007 at the age of 54. He published nearly 100 articles in international academic journals. The loss of this extremely productive economist has been an enormous shock to the economic profession. This volume has emerged from the great desire on the part of the profession to honor his contributions to economic research. Contributors include authoritative figures in trade theory such as Murray Kemp, Ronald Jones, Henry Wan, and Wilfred Ethier, world-renowned macroeconomists such as Stephen Turnovski and Costas Azariadis, and leading Japanese economists such as Kazuo Nishimura, Makoto Yano, Ryuzo Sato, and Koichi Hamada. This broad range of contributors reflects Koji Shimomura’s many connections as well as the respect he earned in the economic profession. This volume offers the reader a rare opportunity to learn the views of so many renowned economists from different schools of thought.
