Sunspots and Non-Linear Dynamics Essays in Honor of Jean-Michel Grandmont /

• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Άλλοι συγγραφείς: Nishimura, Kazuo (Επιμελητής έκδοσης), Venditti, Alain (Επιμελητής έκδοσης), Yannelis, Nicholas C. (Επιμελητής έκδοσης)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Cham : Springer International Publishing : Imprint: Springer, 2017.
• Σειρά: Studies in Economic Theory, 31
• Θέματα: Game theory.; Economic theory.; Economic growth.; Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.; Game Theory, Economics, Social and Behav. Sciences.; Economic Growth.

 This book presents the state-of-the-art in non-linear dynamics and sunspots. These two topics have been the core of an international conference on instability and public policies in a globalized world, organized at Aix-Marseille School of Economics and GREQAM in honor of Jean-Michel Grandmont. He has made significant contributions on general equilibrium theory, monetary theory, learning, aggregation, non-linear dynamics and sunspots. This book assembles contributions by Jean-Michel Grandmont's colleagues, students and friends that have been influenced by his works and that are at the frontier of research in this domain today. 

 I. Self-fulfilling Expectations and Sunspots -- Assessing the Local Stability Properties of Discrete Three-Dimensional Dynamical Systems: a Geometrical Approach with Triangles and Planes & an Application with some Cones -- From Sunspots to Black Holes: Singular Dynamics in Macroeconomic Models -- Sunspot Fluctuations in Two-Sector Models with Variable Income Effects -- A Survey on Self-Fulfilling Mistakes -- Regime-Switching Sunspot Equilibria in a One-Sector Growth Model with Aggregate Decreasing Returns and Small Externalities -- Equilibrium Dynamics in a Two-Sector OLG Model with Liquidity Constraint -- Sunspots and Homoclinic Bifurcations in Continuous-Time Endogenous Growth Models -- II. Bubbles and Stabilizing Policy -- Rational Land and Housing Bubbles in Infinite-Horizon Economies -- The Stabilizing Virtues of Monetary Policy on Endogenous Bubble Fluctuations -- Can Consumption Taxes Stabilize the Economy in the Presence of Consumption Externalities? -- III. Growth -- Uncertainty and Sentiment-Driven Equilibria -- Technological Progress, Employment and the Lifetime of Capital -- Nonbalanced Growth in a Neoclassical Two-sector Optimal Growth Model -- IV. General Equilibrium -- An Argument for Positive Nominal Interest -- Winners and Losers from Price-Level Volatility: Money Taxation and Information Frictions -- A Note on Information, Trade and Common Knowledge.