2009, ISBN: 363914337X

[EAN: 9783639143379], Nouveau livre, [SC: 10.99], [PU: VDM Verlag Dr. Müller], nach der Bestellung gedruckt Neuware - Printed after ordering - This work studies the class of new Keynesian… More...

[EAN: 9783639143379], Nouveau livre, [SC: 10.99], [PU: VDM Verlag Dr. Müller], nach der Bestellung gedruckt Neuware - Printed after ordering - 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, Books<

ISBN: 9783639143379

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… More...

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. Bücher, Hörbücher & Kalender / Bücher / Sachbuch / Wirtschaft / Wirtschaftswissenschaften, [PU: VDM Verlag Dr. Müller, Saarbrücken]<

2009, ISBN: 9783639143379

[ED: Kartoniert / Broschiert], [PU: VDM Verlag Dr. Mueller], Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Duzhak Evgeniy… More...

[ED: Kartoniert / Broschiert], [PU: VDM Verlag Dr. Mueller], Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Duzhak EvgeniyaEvgeniya Duzhak earned BS from Novosibirsk State University. A year after graduation she started a PhD program at the University o, DE, [SC: 0.00], Neuware, gewerbliches Angebot, Hardcover, 112, [GW: 183g], 1/2009, Banküberweisung, PayPal<

ISBN: 9783639143379

*Bifurcation Analysis of New Keynesian Functional Structure* / Taschenbuch für 48.99 € / Aus dem Bereich: Bücher, Wissenschaft, Wirtschaftswissenschaft Medien > Bücher nein Buch (kartonie… More...

*Bifurcation Analysis of New Keynesian Functional Structure* / Taschenbuch für 48.99 € / Aus dem Bereich: Bücher, Wissenschaft, Wirtschaftswissenschaft Medien > Bücher nein Buch (kartoniert) Hardcover;Sozialwissenschaften, Recht, Wirtschaft;Volkswirtschaft, VDM Verlag Dr. Müller<

2009, ISBN: 9783639143379

VDM Verlag, Paperback, 112 Seiten, Publiziert: 2009-04-26T00:00:01Z, Produktgruppe: Book, Economics, Business, Finance & Law, Subjects, Books, VDM Verlag, 2009