Economic Complexity: Chaos, Sunspots, Bubbles, and Nonlinearity: Proceedings of the Fourth International Symposium in Economic Theory and Econometrics ... Symposia in Economic Theory and Econometrics) [Hardcover]

William A. Barnett (Editor), John Geweke (Editor), Karl Shell (Editor)

Book Description

Publication Date: July 28, 1989 | Series: International Symposia in Economic Theory and Econometrics (Book 4)

The contents of this volume comprise the proceedings of the International Symposia in Economic Theory and Econometrics conference held in 1987 at the IC^T2 (Innovation, Creativity, and Capital) Institute at the University of Texas at Austin. The essays present fundamental new research on the analysis of complicated outcomes in relatively simple macroeconomic models. The book covers econometric modelling and time series analysis techniques in five parts. Part I focuses on sunspot equilibria, the study of uncertainty generated by nonstochastic economic models. Part II examines the more traditional examples of deterministic chaos: bubbles, instability, and hyperinflation. Part III contains the most current literature dealing with empirical tests for chaos and strange attractors. Part IV deals with chaos and informational complexity. Part V, Nonlinear Econometric Modelling, includes tests for and applications of nonlinearity.

Editorial Reviews

Book Description

The contents of this volume comprise the proceedings of the International Symposia in Economic Theory and Econometrics conference held in 1987 at the IC^T2 (Innovation, Creativity, and Capital) Institute at the University of Texas at Austin. The essays present fundamental new research on the analysis of complicated outcomes in relatively simple macroeconomic models.

Product Details

• Hardcover: 424 pages
• Publisher: Cambridge University Press (July 28, 1989)
• Language: English
• ISBN-10: 052135563X
• ISBN-13: 978-0521355636
• Product Dimensions: 9 x 6.1 x 1.2 inches
• Shipping Weight: 1.6 pounds (View shipping rates and policies)
• Amazon Best Sellers Rank: #1,539,386 in Books (See Top 100 in Books)

More About the Author

William A. Barnett is Oswald Distinguished Professor of Macroeconomics at the University of Kansas, Director at the Center for Financial Stability in New York City, and Senior Fellow at the IC2 Institute at the University of Texas at Austin. He is Editor of the Cambridge University Press journal, Macroeconomic Dynamics, and is coauthor with Nobel Laureate Paul Samuelson of the book, Inside the Economist's Mind, translated into seven languages. He is Editor of the Emerald Press monograph series, International Symposia in Economic Theory and Econometrics. He has published over 130 articles in professional journals and over 20 books as author or editor. He was on the staff of the Federal Reserve Board from 1974 to 1982.