Nonlinearities, Disequilibria and Simulation: Proceedings of the Arne Ryde Symposium on Quantitative Methods in the Stabilization of Macrodynamic Syst

ISBN-13: 9781349122295 / Angielski / Miękka / 1992 / 298 str.

Kumaraswamy Velupillai

Opis

Our analytical heritage in macrodynamics owes a great deal to Ragnar Frisch. The tradition of quantitative methods in economic analysis owes not a little to Frisch, Trygve, Haavelmo and Leif Johansen. These essays pay homage to Thalberg - student, friend, colleague and collaborator of that trio.

Spis treści

Part 1 Reconsidering Frischian issues: the wooden horse that wouldn't rock, S. Zambelli; discussion, B. Thalberg; response, S. Zambelli; implicit nonlinearities in the economic dynamics of impulse and propagation, K. Velupillai; discussion, Halkan J. Holm; reflections on the Frisch-Johansen tradition in the theory of production, S. Dano; discussion, L-G. Svensson and R. Fare. Part 2 Simulation, asymmetries and (optimal) policies in macroeconomic models: a chaotic reformulation of multiplier-accelerator models, R.M. Goodwin; discussion, B. Thalberg and K. Velupillai; is the Norwegian business cycle asymmetric?, M. Bergman and L. Jonung; discussion, S. Zambelli and R. Hannesson; response, M. Bergman and L. Jonung; stability and stabilization of mature economies, John Cornwall; discussion, H. Brink, et al; response, John Cornwnall; a test of rational expectations and the permanent income hypothesis using Swedish data, 1963-87, Curt Wells; discussion, Stefano Zambelli and Shu-Heng Chen; response, Curt Wells. Part 3 Applied macroeconomics - the stage and the scenarios: growth and adjustment in developing countries - a gap model approach, L. Taylor; discussion, R. Day and K. Velupillai; unemployment in the OECD society, Fritz Holte; discussion, G. Gandolfo and C-H Siven; response, F. Holte; some observations on the debate on stability and openness, T. Thonstad; discussion, T. Thomstad; discussion, B. Sandelin. Part 4 Analytical frontiers - past and future: chaos and evolution in economic processes, Richard H. Day; discussion, E. Boserup; growth, welfare and stabilization - our analytical heritage, Bjorn Thalberg.