New Tools Of Economic Dynamics

by Leskow, Jacek; Anyul, Martin Puchet; Punzo, Lionello F.; Puchet, M.

• ISBN13: 9783540242826
• ISBN10: 3540242821
• Format: Paperback
• Copyright: 2005-07-30
• Publisher: Springer-Nature New York Inc

Summary

New Tools of Economic Dynamics gives an introduction and overview of recently developed methods and tools, most of them developed outside economics, to deal with the qualitative analysis of economic dynamics. It reports the results of a three-year research project by a European and Latin American network on the intersection of economics with mathematical, statistical, and computational methods and techniques. Focusing upon the evolution and manifold structure of complex dynamic phenomena, the book reviews and shows applications of a variety of tools, such as symbolic and coded dynamics, interacting agents models, microsimulation in econometrics, large-scale system analysis, and dynamical systems theory. It shows the potential of a comprehensive analysis of growth, fluctuations, and structural change along the lines indicated by pioneers like Harrod, Haavelmo, Hicks, Goodwin, Morishima, and it highlights the explanatory power of the qualitative approach they initiated.

Table of Contents

Part I Large Interactive Economies
1 Modeling a Large Number of Agents by Types: Models as Large Random Decomposable Structures
Masanao Aoki	3	(22)
2 An ABM-Evolutionary Approach: Bilateral Exchanges, Bargaining and Walrasian Equilibria
Nicolás Garrido, Pier Mario Pacini	25	(18)
3 A Genetic Algorithms Approach: Social Aggregation and Learning with Heterogeneous Agents
Davide Fiaschi, Pier Mario Pacini	43	(18)
4 Structure and Macroeconomic Performance: Heterogeneous Firms and Financial Fragility
Domenico Delli Gatti, Mauro Gallegati	61	(18)
5 Firms Interaction and Technological Paradigms
Rainer Andergassen, Franco Nardini, Massimo Ricottili	79	(16)
6 Can Catastrophe Theory Become a New Tool in Understanding Singular Economies?
Elvin Accinelli, Martin Puchet Anyul	95	(16)
7 Pretopological Analysis on the Social Accounting Matrix for an Eighteen-Sector Economy: The Mexican Financial System
Andrés Blancas, Valentin Solis	111	(16)
8 Firm Creation as an Inductive Learning Process: A Neural Network Approach
Francesco Luna	127	(22)
9 Agent-Based Environments: A Review
Alessandro Perrone	149	(18)
Part II Econometrics and Time Series
10 Smooth Transition Models of Structural Change
Bernhard Böhm	167	(24)
11 Fraction-of-Time Approach in Predicting Value-at-Risk
Jacek Leskow, Antonio Napolitano	191	(12)
12 Spectral Analysis for Economic Time Series
Alessandra Iacobucci	203	(18)
13 Policy Analysis Using a Microsimulation Model of the Italian Households
Carlo Bianchi, Marzia Romanelli, Pietro A. Vagliasindi	221	(18)
14 Validating a Dynamic Microsimulation Model of the Italian Households
Carlo Bianchi, Marzia Romanelli, Pietro A. Vagliasindi	239	(16)
15 Recent Advances in Micromodeling: The Choice of Retiring
Luca Spataro	255	(18)
16 Applied Econometrics Methods and Monetary Policy: Empirical Evidence from the Mexican Case
Luis Miguel Galindo, Horacio Catalán	273	(24)
Part III Themes of Growth and Development
17 Environmental Policy Options in the Multi-Regimes Framework
Salvatore Bimonte, Lionello F. Punzo	297	(22)
18 An Empirical Analysis of Growth Volatility: A Markov Chain Approach
Davide Fiaschi, Andrea Mario Lavezzi	319	(16)
19 New Measurement Tools of the External-Constrained Growth Model, with Applications for Latin America
Juan Carlos Moreno-Brid, Carlos Ricoy	335	(12)
20 The Fractal Structure, Efficiency, and Structural Change: The Case of the Mexican Stock Market
Guillermo Romero-Meléndez, Mauricio Barroso-Castorena, Jorge Huerta-González, Manuel Santigo-Bringas, Carlos Alberto García-Valdéz	347	(10)
21 Processes of Evolutionary Self-Organization in High Inflation Experiences
Fernando Tohmé, Carlos Dabús, Silvia London	357	(16)
22 Semi-Infinite Programming: Properties and Applications to Economics
Francisco Guerra Vázquez, Jan-J. Rückmann	373	(22)
Index	395