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5 Competitive Business Cycles in an Overlapping Generations Economy with Productive Investment
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Chapters in this book
- Frontmatter i
- Contents ix
- Introduction 1
- 1 Equilibrium Models Displaying Endogenous Fluctuations and Chaos: A Survey 8
- 2 Periodic and Aperiodic Behaviour in Discrete One-Dimensional Dynamical Systems 44
- 3 A Characterization of Erratic Dynamics in the Overlapping Generations Model 64
- 4 On Endogenous Competitive Business Cycles 82
- 5 Competitive Business Cycles in an Overlapping Generations Economy with Productive Investment 138
- 6 Endogenous Fluctuations in a Two-Sector Overlapping Generations Economy 158
- 7 Recent Theories of the Business Cycle: The Role of Speculative Inventories 180
- 8 Endogenous Cycles with Uncertain Lifespans in Continuous Time 199
- 9 The Hopf Bifurcation and the Existence and Stability of Closed Orbits in Multisector Models of Optimal Economic Growth 206
- 10 Sources of Complex Dynamics in Two-Sector Growth Models 228
- 11 Imperfect Financial Intermediation and Complex Dynamics 253
- 12 Dynamical Systems that Solve Continuous-Time Concave Optimization Problems: Anything Goes 277
- 13 Stochastic Equilibrium Oscillations 289
- 14 Cyclical and Chaotic Behavior in a Dynamic Equilibrium Model, with Implications for Fiscal Policy 308
- 15 Endogenous Business Cycles with Self-Fulfilling Optimism: A Model with Entry 330
- 16 Keynesian Chaos 339
- 17 Feedback Between R&D and Productivity Growth: A Chaos Model 355
- 18 Is the Business Cycle Characterized by Deterministic Chaos? 374
- 19 The Statistical Properties of Dimension Calculations Using Small Data Sets: Some Economic Applications 394
- 20 Some Evidence on the Non-Linearity of Economic Time Series: 1890-1981 429
- 21 Nonlinear Dynamics and Stock Returns 446
- List of Contributors 475
Chapters in this book
- Frontmatter i
- Contents ix
- Introduction 1
- 1 Equilibrium Models Displaying Endogenous Fluctuations and Chaos: A Survey 8
- 2 Periodic and Aperiodic Behaviour in Discrete One-Dimensional Dynamical Systems 44
- 3 A Characterization of Erratic Dynamics in the Overlapping Generations Model 64
- 4 On Endogenous Competitive Business Cycles 82
- 5 Competitive Business Cycles in an Overlapping Generations Economy with Productive Investment 138
- 6 Endogenous Fluctuations in a Two-Sector Overlapping Generations Economy 158
- 7 Recent Theories of the Business Cycle: The Role of Speculative Inventories 180
- 8 Endogenous Cycles with Uncertain Lifespans in Continuous Time 199
- 9 The Hopf Bifurcation and the Existence and Stability of Closed Orbits in Multisector Models of Optimal Economic Growth 206
- 10 Sources of Complex Dynamics in Two-Sector Growth Models 228
- 11 Imperfect Financial Intermediation and Complex Dynamics 253
- 12 Dynamical Systems that Solve Continuous-Time Concave Optimization Problems: Anything Goes 277
- 13 Stochastic Equilibrium Oscillations 289
- 14 Cyclical and Chaotic Behavior in a Dynamic Equilibrium Model, with Implications for Fiscal Policy 308
- 15 Endogenous Business Cycles with Self-Fulfilling Optimism: A Model with Entry 330
- 16 Keynesian Chaos 339
- 17 Feedback Between R&D and Productivity Growth: A Chaos Model 355
- 18 Is the Business Cycle Characterized by Deterministic Chaos? 374
- 19 The Statistical Properties of Dimension Calculations Using Small Data Sets: Some Economic Applications 394
- 20 Some Evidence on the Non-Linearity of Economic Time Series: 1890-1981 429
- 21 Nonlinear Dynamics and Stock Returns 446
- List of Contributors 475