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Book Cover
E-book
Author Chen, Ping

Title Economic Complexity and Equilibrium Illusion : Essays on Market Instability and Macro Vitality
Published Hoboken : Taylor & Francis, 2010

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Description 1 online resource (401 pages)
Series Routledge Frontiers of Political Economy, 130
Routledge Frontiers of Political Economy, 130
Contents Book Cover; Title; Copyright; Contents; Figures; Tables; Preface; Acknowledgments; Abbreviations; Symbols; 1 Introduction; Part I: Methodological review: Economic complexity, equilibrium illusion, and evolutionary dynamics; 2 Equilibrium illusion, economic complexity, and evolutionary foundation in economic analysis; 3 Evolutionary economic dynamics: Persistent cycles, disruptive technology, and the trade-off between stability and complexity; Part II: Macro vitality: Trendcycle separation, economic chaos, and persistent cycles; 4 Empirical and theoretical evidence of economic chaos
5 Searching for economic chaos: A challenge to econometric practice and nonlinear tests6 A random walk or color chaos on the stock market? Timefrequency analysis of S & P indexes; 7 Trends, shocks, persistent cycles in evolving economy: Business-cycle measurement in timefrequency representation; Part III: Micro interaction and population dynamics: Learning, communication, and market share competition; 8 Origin of division
Summary Consists of the major work of Professor Ping Chen, a pioneer in studying economic chaos and economic complexity
Notes Print version record
Subject Equilibrium (Economics) -- Mathematical models
Business cycles -- Mathematical models.
Evolutionary economics.
Business cycles -- Mathematical models
Equilibrium (Economics) -- Mathematical models
Evolutionary economics
Form Electronic book
ISBN 9780203855058
0203855051
1282589628
9781282589629