The Impact of Science on Economic Growth and its Cycles The Mathematical Dynamics Determined by the Basic Macroeconomic Facts

The author shows that the enormous gap between theory and facts in modern macroeconomics can only be eliminated by nonlinear macroeconomic dynamics with the following special characteristics: First of all, only certain group-theoretical invariants generate the correct growth cycles with irregularly...

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1. Verfasser: Aulin, Arvid (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Berlin, Heidelberg Springer Berlin Heidelberg 1998
Ausgabe:1st ed. 1998
Schriftenreihe:Lecture Notes in Economics and Mathematical Systems 464
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spelling Aulin, Arvid Verfasser aut
The Impact of Science on Economic Growth and its Cycles The Mathematical Dynamics Determined by the Basic Macroeconomic Facts by Arvid Aulin
1st ed. 1998
Berlin, Heidelberg Springer Berlin Heidelberg 1998
1 Online-Ressource (IX, 204 p)
txt rdacontent
c rdamedia
cr rdacarrier
Lecture Notes in Economics and Mathematical Systems 464
The author shows that the enormous gap between theory and facts in modern macroeconomics can only be eliminated by nonlinear macroeconomic dynamics with the following special characteristics: First of all, only certain group-theoretical invariants generate the correct growth cycles with irregularly varying lengths, not any stochastic process as usually applied for this purpose. Furthermore, a special extended value function and generalized human capital are needed for a correct representation of scientific and technological innovation. Finally, the correct nonlinear macroeconomic dynamics are not reducible to microeconomics, for both of the above mentioned reasons
Economic Growth
Economic growth
Konjunkturzyklus (DE-588)4032134-4 gnd rswk-swf
Mathematisches Modell (DE-588)4114528-8 gnd rswk-swf
Wachstumsmodell (DE-588)4127141-5 gnd rswk-swf
Innovationszyklus (DE-588)4274178-6 gnd rswk-swf
Wirtschaftswachstum (DE-588)4066527-6 gnd rswk-swf
Konjunkturzyklus (DE-588)4032134-4 s
Wirtschaftswachstum (DE-588)4066527-6 s
Mathematisches Modell (DE-588)4114528-8 s
DE-604
Innovationszyklus (DE-588)4274178-6 s
Wachstumsmodell (DE-588)4127141-5 s
Erscheint auch als Druck-Ausgabe 9783540647270
Erscheint auch als Druck-Ausgabe 9783642958625
https://doi.org/10.1007/978-3-642-95861-8 Verlag URL des Erstveröffentlichers Volltext
spellingShingle Aulin, Arvid
The Impact of Science on Economic Growth and its Cycles The Mathematical Dynamics Determined by the Basic Macroeconomic Facts
Economic Growth
Economic growth
Konjunkturzyklus (DE-588)4032134-4 gnd
Mathematisches Modell (DE-588)4114528-8 gnd
Wachstumsmodell (DE-588)4127141-5 gnd
Innovationszyklus (DE-588)4274178-6 gnd
Wirtschaftswachstum (DE-588)4066527-6 gnd
subject_GND (DE-588)4032134-4
(DE-588)4114528-8
(DE-588)4127141-5
(DE-588)4274178-6
(DE-588)4066527-6
title The Impact of Science on Economic Growth and its Cycles The Mathematical Dynamics Determined by the Basic Macroeconomic Facts
title_auth The Impact of Science on Economic Growth and its Cycles The Mathematical Dynamics Determined by the Basic Macroeconomic Facts
title_exact_search The Impact of Science on Economic Growth and its Cycles The Mathematical Dynamics Determined by the Basic Macroeconomic Facts
title_exact_search_txtP ˜Theœ Impact of Science on Economic Growth and its Cycles The Mathematical Dynamics Determined by the Basic Macroeconomic Facts
title_full The Impact of Science on Economic Growth and its Cycles The Mathematical Dynamics Determined by the Basic Macroeconomic Facts by Arvid Aulin
title_fullStr The Impact of Science on Economic Growth and its Cycles The Mathematical Dynamics Determined by the Basic Macroeconomic Facts by Arvid Aulin
title_full_unstemmed The Impact of Science on Economic Growth and its Cycles The Mathematical Dynamics Determined by the Basic Macroeconomic Facts by Arvid Aulin
title_short The Impact of Science on Economic Growth and its Cycles
title_sort the impact of science on economic growth and its cycles the mathematical dynamics determined by the basic macroeconomic facts
title_sub The Mathematical Dynamics Determined by the Basic Macroeconomic Facts
topic Economic Growth
Economic growth
Konjunkturzyklus (DE-588)4032134-4 gnd
Mathematisches Modell (DE-588)4114528-8 gnd
Wachstumsmodell (DE-588)4127141-5 gnd
Innovationszyklus (DE-588)4274178-6 gnd
Wirtschaftswachstum (DE-588)4066527-6 gnd
topic_facet Economic Growth
Economic growth
Konjunkturzyklus
Mathematisches Modell
Wachstumsmodell
Innovationszyklus
Wirtschaftswachstum
url https://doi.org/10.1007/978-3-642-95861-8
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