The Hamiltonian Approach To Dynamic Economics PDF Download
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| Author | : David Cass |
| Publisher | : Academic Press |
| Total Pages | : 212 |
| Release | : 2014-05-10 |
| Genre | : Business & Economics |
| ISBN | : 1483266850 |
Download The Hamiltonian Approach to Dynamic Economics Book in PDF, ePub and Kindle
The Hamiltonian Approach to Dynamic Economics focuses on the application of the Hamiltonian approach to dynamic economics and attempts to provide some unification of the theory of heterogeneous capital. Emphasis is placed on the stability of long-run steady-state equilibrium in models of heterogeneous capital accumulation. Generalizations of the Samuelson-Scheinkman approach are also given. Moreover, conditions are sought on the geometry of the Hamiltonian function (that is, on static technology) that suffice to preserve under (not necessarily small) perturbation the basic properties of the Hamiltonian dynamical system. Comprised of eight essays, this book begins with an introduction to Hamiltonian dynamics in economics, followed by a discussion on optimal steady states of n-sector growth models when utility is discounted. Optimal growth and decentralized or descriptive growth models in both continuous and discrete time are treated as applications of Hamiltonian dynamics. Theproblem of optimal growth with zero discounting is considered, with emphasis on a steepness condition on the Hamiltonian function. The general problem of decentralized growth with instantaneously adjusted expectations about price changes is also analyzed, along with the global asymptotic stability of optimal control systems with applications to the theory of economic growth. This monograph will be of value to mathematicians and economists.
| Author | : David Cass |
| Publisher | : |
| Total Pages | : 201 |
| Release | : 1976 |
| Genre | : Economics |
| ISBN | : |
Download The Hamiltonian Approach to Dynamic Economics Book in PDF, ePub and Kindle
| Author | : David Cass |
| Publisher | : |
| Total Pages | : 201 |
| Release | : 1976 |
| Genre | : |
| ISBN | : |
Download The Hamilton Approach to Dynamic Economics Book in PDF, ePub and Kindle
| Author | : Albert Tavidze |
| Publisher | : Nova Publishers |
| Total Pages | : 224 |
| Release | : 2003 |
| Genre | : Business & Economics |
| ISBN | : 9781590338001 |
Download Progress in Economics Research Book in PDF, ePub and Kindle
This series spans the globe presenting leading research in economics. Perhaps it is a sign of the times that economic weapons such as sanctions seem to be as powerful as or more so than tanks. International applications and examples of economic progress are invaluable in a troubled world with economic booms bursting like so many penny balloons. Intra-industry Trade; Extending Brand Equity: The Role of Goal Congruence; Foreign Direct Investment and Dissemination of Job Opening Information in China; Testing Asymmetry in a Cointegrated-VAR-Based Labor Demand Model: Italian Evidence; Negative Externality, Tacit Bargaining and Cigarette Demand: The Case of Environmental Tobacco Smoke in Japan; Does Audit Quality Influence Post-IPO Survival?; Dynamic Arbitrage-free Asset Pricing with Proportional Transaction Costs; Knowledge Structure, Technical Progress, and Underdevelopment Trap; Paternalistic Altruism, Life-Cycle Hypothesis, and the Ricardian Equivalence; Three Approaches to Multi-dimensional Screening; Index.
| Author | : J. R. Hicks |
| Publisher | : Clarendon Press |
| Total Pages | : 182 |
| Release | : 1987-10-08 |
| Genre | : Business & Economics |
| ISBN | : 0191521434 |
Download Methods of Dynamic Economics Book in PDF, ePub and Kindle
Capital and Growth was published in 1965, and rapidly established itself as a landmark in economic theory. In this volume, Sir John takes his earlier work and examines it critically for its present-day value. The result is a substantially reworked book based on the first and best part of his 1965 publication. The theme, now more clearly identified, is a comparative study of the economics of change, and brings in many of Hicks's subsequent developments and refinements - in particular a 'neo-Austrian' theory of capital which he developed in Capital and Time(1973). A new chapter on Keynes's methods has been added. The sum is a more complete classification of the family of models appropriate for analysing dynamic economics.
| Author | : Neri Salvadori |
| Publisher | : Taylor & Francis |
| Total Pages | : 450 |
| Release | : 2012-05-23 |
| Genre | : Business & Economics |
| ISBN | : 1136731164 |
Download Keynes, Sraffa and the Criticism of Neoclassical Theory Book in PDF, ePub and Kindle
Heinz Kurz is recognised internationally as a leading economic theorist and a foremost historian of economic thought. This book pays tribute to his outstanding contributions on the occasion of his 65th birthday by bringing together a unique collection of new essays by distinguished economists from around the world. Keynes, Sraffa, and the Criticism of Neoclassical Theory comprises twenty-three essays, covering themes in Keynesian economic theory, in the development of the modern classical approach to economic theory, linear production models, and the critique of neoclassical theory. The essays in this book will be an invaluable source of inspiration for economists interested in economic theory and in the evolution of economic thought. They will also be of interest to postgraduate and research students specialising in economic theory and in the history of economic thought.
| Author | : Marc Nerlove |
| Publisher | : Academic Press |
| Total Pages | : 495 |
| Release | : 2014-05-10 |
| Genre | : Business & Economics |
| ISBN | : 1483218880 |
Download Analysis of Economic Time Series Book in PDF, ePub and Kindle
Analysis of Economic Time Series: A Synthesis integrates several topics in economic time-series analysis, including the formulation and estimation of distributed-lag models of dynamic economic behavior; the application of spectral analysis in the study of the behavior of economic time series; and unobserved-components models for economic time series and the closely related problem of seasonal adjustment. Comprised of 14 chapters, this volume begins with a historical background on the use of unobserved components in the analysis of economic time series, followed by an Introduction to the theory of stationary time series. Subsequent chapters focus on the spectral representation and its estimation; formulation of distributed-lag models; elements of the theory of prediction and extraction; and formulation of unobserved-components models and canonical forms. Seasonal adjustment techniques and multivariate mixed moving-average autoregressive time-series models are also considered. Finally, a time-series model of the U.S. cattle industry is presented. This monograph will be of value to mathematicians, economists, and those interested in economic theory, econometrics, and mathematical economics.
| Author | : Giorgio P. Szegö |
| Publisher | : Academic Press |
| Total Pages | : 336 |
| Release | : 2014-05-10 |
| Genre | : Business & Economics |
| ISBN | : 1483273466 |
Download New Quantitative Techniques for Economic Analysis Book in PDF, ePub and Kindle
Economic Theory, Econometrics, and Mathematical Economics: New Quantitative Techniques for Economic Analysis provides a critical appraisal of the results, the limits, and the developments of well-established quantitative techniques. This book presents a detailed analysis of the quantitative techniques for economic analysis. Organized into four parts encompassing 16 chapters, this book begins with an overview of the general questions concerning models and model making. This text then provides the main results and various interesting economic applications of some quantitative techniques that have not been widely used in the economic field. Other chapters consider the principle of optimality in dynamic programing wherein the infinite sequence of consumption-saving decisions can be reduced to one decision. This book discusses as well the methods for online control and management of large-scale systems. The final chapter deals with special problems. This book is a valuable resource for economists, social scientists, epistemologists, economic historians, and research workers.
| Author | : Ryuzo Sato |
| Publisher | : Academic Press |
| Total Pages | : 458 |
| Release | : 2014-05-10 |
| Genre | : Business & Economics |
| ISBN | : 148327649X |
Download Theory of Technical Change and Economic Invariance Book in PDF, ePub and Kindle
Theory of Technical Change and Economic Invariance: Application of Lie Groups presents the economic invariance problems observable behavior under general transformations such as taste change or technical change. This book covers a variety of topics in economic theory, ranging from the analysis of production functions to the general recoverability problem of optimal dynamic behavior. Organized into nine chapters, this book begins with an overview of the theory of observable behavior by analyzing the invariant relationships among economic variables. This text then examines the Lie group theory which provides one of the most efficient methods of studying invariance properties. Other chapters consider the analysis of exogenous technical change, a process partly due to dynamic market forces of supply and demand. This book discusses as well the topics closely related to parametric changes under Lie groups and related transformations. The final chapter deals with mathematical foundations of the theory of observable market behavior. This book is a valuable resource for economists.
| Author | : Pierre N.V. Tu |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 257 |
| Release | : 2013-11-11 |
| Genre | : Business & Economics |
| ISBN | : 3662027798 |
Download Dynamical Systems Book in PDF, ePub and Kindle
Dynamic tools of analysis and modelling are increasingly used in Economics and Biology and have become more and more sophisticated in recent years, to the point where the general students without training in Dynamic Systems (DS) would be at a loss. No doubt they are referred to the original sources of mathematical theorems used in the various proofs, but the level of mathematics is generally beyond them. Students are thus left with the burden of somehow understanding advanced mathematics by themselves, with· very little help. It is to these general students, equipped only with a modest background of Calculus and Matrix Algebra that this book is dedicated. It aims at providing them with a fairly comprehensive box of dynamical tools they are expected to have at their disposal. The first three Chapters start with the most elementary notions of first and second order Differential and Difference Equations. For these, no matrix theory and hardly any calculus are needed. Then, before embarking on linear and nonlinear DS, a review of some Linear Algebra in Chapter 4 provides the bulk of matrix theory required for the study of later Chapters. Systems of Linear Differ ential Equations (Ch. 5) and Difference Equations (Ch. 6) then follow to provide students with a good background in linear DS, necessary for the subsequent study of nonlinear systems. Linear Algebra, reviewed in Ch. 4, is used freely in these and subsequent chapters to save space and time.
