... Discrete and Combinatorial Mathematics . An applied introduction . Boston , MA : Addison - Wesley Publishing Company , Inc. Hommes , Cars ( 1991 ) ' Adaptive learning and roads to chaos : the case of the cobweb ' , Economic Letters 36 ...
The Dynamics of Keynesian Monetary Growth: Macro Foundations
... model type , we will find again that generally the viability of such ... simple change in the model's dynamics , the exclusion of nominal wage ... Keynesian model of monetary growth dynamics . 6.4.1 A simplified Keynes - Metzler model of ...
Financial Assets, Debt and Liquidity Crises: A Keynesian Approach
... schedule in the domestic currency with the assumed property I ' ( s ) < 0. This investment behaviour may be due to credit constraints , but also simply due to the fact that such investment is not profitable at the currently prevailing ...
Financial Markets and the Macroeconomy: A Keynesian Perspective
... terms based on short-term capital gain expectations (and long-term ones), giving rise to ... following Walras Law of Stocks for the reallocation of given stocks ... equilibrium has been assumed to hold at all times, we have reduced this ...
Quantitative and Empirical Analysis of Nonlinear Dynamic Macromodels
Carl Chiarella, Reiner Franke, Peter Flaschel, Willi Semmler. 5. Equilibrium ... assumed to clear at all times . Equation ( 13.20 ) describes this assumption for ... Stocks , the clearing of the money market implies that the bond and equity ...
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