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Experimenting with dynamic macromodels : growth and cycles

Author: Pier Carlo Nicola
Publisher: Berlin : Springer, ©2008.
Series: Lecture notes in economics and mathematical systems, 608.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
Summary:
This book presents a macroeconomic dynamic model?? la Solow-Swan, including the market for labour, in a discrete time structure. Labour supply is modelled as a reversed S curve (derived in the appendix). The models is expanded to include expenditure on R & D (thus endogenous technical progress), and public expenditure on infrastructures. For each of the three models, numerical simulations are implemented in MAPLE,  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Nicola, Pier Carlo.
Experimenting with dynamic macromodels.
Berlin : Springer, ©2008
(DLC) 2007942558
(OCoLC)193173721
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Pier Carlo Nicola
ISBN: 9783540773979 3540773975 3540773967 9783540773962
OCLC Number: 233973753
Description: 1 online resource (xiv, 265 pages) : illustrations.
Contents: Front Matter; Foundations of Macroeconomic Dynamics; Population Dynamics and the Labour Market; Production Functions; A Model Without R & D and Public Expenditure; Some Determinants of Endogenous Growth; Public Expenditure and Taxes; Stationary Population: Cobb-Douglas Simulations; Stationary Population: CES Simulations; Stationary Population: Leontief Simulations; Steady Growing Population; Logistic Growing Population; Effects of Public Expenditure; Material Welfare Comparisons; Back Matter.
Series Title: Lecture notes in economics and mathematical systems, 608.
Responsibility: PierCarlo Nicola.
More information:

Abstract:

This book presents a macroeconomic dynamic model?? la Solow-Swan, including the market for labour, in a discrete time structure. Labour supply is modelled as a reversed S curve (derived in the appendix). The models is expanded to include expenditure on R & D (thus endogenous technical progress), and public expenditure on infrastructures. For each of the three models, numerical simulations are implemented in MAPLE, and the results are shown in time series figures, which make it easy to detect that even small changes in the parameters produce responses in the time behaviour of the main variables.

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