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Sunspots and Non-Linear Dynamics : Essays in Honor of Jean-Michel Grandmont / edited by Kazuo Nishimura, Alain Venditti, Nicholas C. Yannelis
(Studies in Economic Theory. ISSN:21969930 ; 31)

Publisher (Cham : Springer International Publishing : Imprint: Springer)
Year 2017
Edition 1st ed. 2017.
Authors Nishimura, Kazuo editor
Venditti, Alain editor
Yannelis, Nicholas C editor
SpringerLink (Online service)

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OB00175660 Springer Economics and Finance eBooks (電子ブック) 9783319440767

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Material Type E-Book
Media type 機械可読データファイル
Size VI, 409 p. 62 illus., 28 illus. in color : online resource
Notes I. Self-fulfilling Expectations and Sunspots -- Assessing the Local Stability Properties of Discrete Three-Dimensional Dynamical Systems: a Geometrical Approach with Triangles and Planes & an Application with some Cones -- From Sunspots to Black Holes: Singular Dynamics in Macroeconomic Models -- Sunspot Fluctuations in Two-Sector Models with Variable Income Effects -- A Survey on Self-Fulfilling Mistakes -- Regime-Switching Sunspot Equilibria in a One-Sector Growth Model with Aggregate Decreasing Returns and Small Externalities -- Equilibrium Dynamics in a Two-Sector OLG Model with Liquidity Constraint -- Sunspots and Homoclinic Bifurcations in Continuous-Time Endogenous Growth Models -- II. Bubbles and Stabilizing Policy -- Rational Land and Housing Bubbles in Infinite-Horizon Economies -- The Stabilizing Virtues of Monetary Policy on Endogenous Bubble Fluctuations -- Can Consumption Taxes Stabilize the Economy in the Presence of Consumption Externalities? -- III. Growth -- Uncertainty and Sentiment-Driven Equilibria -- Technological Progress, Employment and the Lifetime of Capital -- Nonbalanced Growth in a Neoclassical Two-sector Optimal Growth Model -- IV. General Equilibrium -- An Argument for Positive Nominal Interest -- Winners and Losers from Price-Level Volatility: Money Taxation and Information Frictions -- A Note on Information, Trade and Common Knowledge
This book presents the state-of-the-art in non-linear dynamics and sunspots. These two topics have been the core of an international conference on instability and public policies in a globalized world, organized at Aix-Marseille School of Economics and GREQAM in honor of Jean-Michel Grandmont. He has made significant contributions on general equilibrium theory, monetary theory, learning, aggregation, non-linear dynamics and sunspots. This book assembles contributions by Jean-Michel Grandmont's colleagues, students and friends that have been influenced by his works and that are at the frontier of research in this domain today
HTTP:URL=https://doi.org/10.1007/978-3-319-44076-7
Subjects LCSH:Econometrics
LCSH:Game theory
LCSH:Economic development
FREE:Quantitative Economics
FREE:Game Theory
FREE:Economic Growth
Classification LCC:HB139-141
DC23:330.9
ID 8000059664
ISBN 9783319440767

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