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Bifurcation Analysis of New Keynesian Functional Structure - Evgeniya Duzhak
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Evgeniya Duzhak:

Bifurcation Analysis of New Keynesian Functional Structure - Livres de poche

2009, ISBN: 363914337X

ID: 16085788006

[EAN: 9783639143379], Neubuch, [PU: VDM Verlag Apr 2009], This item is printed on demand - Print on Demand Neuware - This work studies the class of new Keynesian models. We are looking at stability properties and conducting a bifurcation analysis. Bifurcation analysis is often overlooked while examining the properties of the model. Bifurcation is a qualitative change in the nature of a solution that occurs due to change of the parameter value. For example stable system can become unstable. The parameter space of most dynamic models is stratified into subsets, each of which supports a different kind of dynamic solution. Since we do not know the parameters with certainty,knowledge of the location of the bifurcation boundaries is of fundamental importance. Without it there is no way to know whether the confidence region about the parameters point estimates might be crossed by such a boundary, thereby stratifying the confidence region itself and damaging inferences about dynamics.Central results in this work are the theorems on the existence and location of Hopf bifurcation boundaries.We also solve numerically for the location and properties of the Period Doubling bifurcation boundaries and their dependency upon policy-rule parameters. 112 pp. Englisch

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Bifurcation Analysis of New Keynesian Functional  Structure
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Bifurcation Analysis of New Keynesian Functional Structure - Livres de poche

2009, ISBN: 9783639143379

[ED: Taschenbuch / Paperback], [PU: VDM Verlag Dr. Müller], This work studies the class of new Keynesian models. We are looking at stability properties and conducting a bifurcation analysis. Bifurcation analysis is often overlooked while examining the properties of the model. Bifurcation is a qualitative change in the nature of a solution that occurs due to change of the parameter value. For example stable system can become unstable. The parameter space of most dynamic models is stratified into subsets, each of which supports a different kind of dynamic solution. Since we do not know the parameters with certainty,knowledge of the location of the bifurcation boundaries is of fundamental importance. Without it there is no way to know whether the confidence region about the parameters point estimates might be crossed by such a boundary, thereby stratifying the confidence region itself and damaging inferences about dynamics.Central results in this work are the theorems on the existence and location of Hopf bifurcation boundaries.We also solve numerically for the location and properties of the Period Doubling bifurcation boundaries and their dependency upon policy-rule parameters., [SC: 0.00], Neuware, gewerbliches Angebot, 220 mm

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Bifurcation Analysis of New Keynesian Functional Structure - Evgeniya Duzhak
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Evgeniya Duzhak:
Bifurcation Analysis of New Keynesian Functional Structure - Livres de poche

ISBN: 363914337X

Paperback, [EAN: 9783639143379], VDM Verlag, VDM Verlag, Book, [PU: VDM Verlag], VDM Verlag, 268153, Economics, 268156, Econometrics, 268159, Economic Conditions, 268160, Economic Policy & Development, 506824, Economic Systems, 268163, History, 268164, International Economics, 268170, Labour, 268173, Macroeconomics, 268176, Microeconomics, 268177, Political Economy, 268178, Theory & Philosophy, 68, Business, Finance & Law, 1025612, Subjects, 266239, Books

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Bifurcation Analysis of New Keynesian Functional Structure - Duzhak, Evgeniya
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Duzhak, Evgeniya:
Bifurcation Analysis of New Keynesian Functional Structure - Livres de poche

2009, ISBN: 363914337X

ID: 13788172748

[EAN: 9783639143379], Neubuch, This item is printed on demand for shipment within 3 working days., [PU: VDM Verlag Dr. Müller, Saarbrücken]

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Bifurcation Analysis of New Keynesian Functional Structure - Duzhak, Evgeniya
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Duzhak, Evgeniya:
Bifurcation Analysis of New Keynesian Functional Structure - nouveau livre

ISBN: 363914337X

ID: 5069444

VDM Verlag, [PU: VDM Verlag Dr. Müller, Saarbrücken]

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Détails sur le livre
Bifurcation Analysis of New Keynesian Functional Structure
Auteur:

Duzhak, Evgeniya

Titre:

Bifurcation Analysis of New Keynesian Functional Structure

ISBN:

363914337X

Informations détaillées sur le livre - Bifurcation Analysis of New Keynesian Functional Structure


EAN (ISBN-13): 9783639143379
ISBN (ISBN-10): 363914337X
Livre de poche
Date de parution: 2009
Editeur: VDM Verlag

Livre dans la base de données depuis 28.01.2008 08:42:46
Livre trouvé récemment le 09.09.2016 21:28:31
ISBN/EAN: 363914337X

ISBN - Autres types d'écriture:
3-639-14337-X, 978-3-639-14337-9

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