Non-Linear Dynamics and Endogenous Cycles

1. Front Matter

   Pages I-VI

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2. Introduction

   1. Front Matter

      Pages 1-1

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   2. Introduction

      • G. Abraham-Frois

      Pages 1-5

3. Economic Growth Models

   1. Front Matter

      Pages 7-7

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   2. Infrastructure in an Adaptative Economizing Model of Economic Growth

      • Richard H. Day, Zhigang Wang, Min Zhang

      Pages 9-26

   3. Neo-Classical Growth and Complex Dynamics: A Note on Day’s (1982) Model

      • Gilles Dufrénot

      Pages 27-46

4. Business Cycles

   1. Front Matter

      Pages 47-47

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   2. Hysteresis Arising from Individual Inertia and Behavorial Heterogeneity

      • Reiner Franke

      Pages 49-82

   3. Non Linear Dynamics and Utility Functions in Overlapping Generations Models

      • Gilles Dufrénot, Laurent Mathieu

      Pages 83-110

   4. Pay-as-You-Go System under Permanent Business Cycle

      • Michel Botomazava, Vincent Touzé

      Pages 111-123

5. Keynesian Models

   1. Front Matter

      Pages 125-125

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   2. Relaxation Cycle, Chaotic Dynamics and Limit Cycle: a Model with Keynesian “Flavour”

      • Gilbert Abraham-Frois, Edmond Berrebi

      Pages 127-146

   3. Credit and Financial Markets in Keynes Conception of Endogenous Business Cycles: an Interpretation

      • Richard Arena, Alain Raybaut

      Pages 147-161

6. Methodological Issues

   1. Front Matter

      Pages 162-162

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   2. Business Cycles, Chaos and Predictability

      • Alfredo Medio

      Pages 165-183

   3. Long-Term Memory and Chaos: a Note

      • Gilbert Abraham-Frois, Sandrine Lardic, Valérie Mignon

      Pages 185-201

7. Back Matter

   Pages 203-206

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Considerable work has been done on chaotic dynamics in the field of economic growth and dynamic macroeconomic models during the last two decades. This book considers numerous new developments: introduction of infrastructure in growth models, heterogeneity of agents, hysteresis systems, overlapping models with "pay-as-you-go" systems, keynesian approaches with finance considerations, interactions between relaxation cycles and chaotic dynamics, methodological issues, long memory processes and fractals... A volume of contributions which shows the relevance and fruitfulness of non-linear analysis for the explanation of complex dynamics in economic systems.

• Chaostheorie
• Dynamische Wirtschaftstheorie
• Keynes
• Nichtlineare Dynamik
• chaotic dynamics
• dynamic economic analysis
• dynamics
• economic growth
• endogene Konjunkurzyklen
• endogenous business cycles
• financial markets
• fractal
• non-linear dynamics

• University Paris X Nanterre Centre National de la Recherche Scientifique, Nanterre Cedex, France

  Gilbert Abraham-Frois

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