Birth and Early History of Nonlinear Dynamics in Economics
Since the 1980s, nonlinear dynamic modelling is becoming a popular methodology in economics. However, it is not as new as many researchers seem to believe. Before the linear approach dominated economic theory around the 1950s, many economists were actively involved in the development of nonlinear mo...
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| Format: | Online |
| Language: | spa |
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Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba.
2005
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| Online Access: | https://revistas.unc.edu.ar/index.php/REyE/article/view/3817 |
| _version_ | 1834858880863043584 |
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| author | Perona, Eugenia |
| author_facet | Perona, Eugenia |
| author_sort | Perona, Eugenia |
| collection | Portal de Revistas |
| description | Since the 1980s, nonlinear dynamic modelling is becoming a popular methodology in economics. However, it is not as new as many researchers seem to believe. Before the linear approach dominated economic theory around the 1950s, many economists were actively involved in the development of nonlinear models, this tendency being particularly strong during the period 1930-1950. The main objective of this essay is to offer a systematic and comprehensive survey of the early developments in nonlinear dynamics in economics, ranging form Frisch’s original impulse and propagation model in 1933, to Goodwin’s formalisation of the limit cycle in 1951.
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| format | Online |
| id | oai:ojs.revistas.unc.edu.ar:article-3817 |
| institution | Universidad Nacional de Cordoba |
| language | spa |
| publishDate | 2005 |
| publisher | Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba. |
| record_format | ojs |
| spelling | oai:ojs.revistas.unc.edu.ar:article-38172022-04-06T23:12:12Z Birth and Early History of Nonlinear Dynamics in Economics Perona, Eugenia nonlinear modelling economic cycles macrodynamics endogeneous/exogenous fluctuations history of thought 1930-1950 B2 N1 Since the 1980s, nonlinear dynamic modelling is becoming a popular methodology in economics. However, it is not as new as many researchers seem to believe. Before the linear approach dominated economic theory around the 1950s, many economists were actively involved in the development of nonlinear models, this tendency being particularly strong during the period 1930-1950. The main objective of this essay is to offer a systematic and comprehensive survey of the early developments in nonlinear dynamics in economics, ranging form Frisch’s original impulse and propagation model in 1933, to Goodwin’s formalisation of the limit cycle in 1951. Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba. 2005-12-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://revistas.unc.edu.ar/index.php/REyE/article/view/3817 10.55444/2451.7321.2005.v43.n2.3817 Revista de Economía y Estadística; Vol. 43 No. 2 (2005); 29-60 Revista de Economía y Estadística; Vol. 43 Núm. 2 (2005); 29-60 2451-7321 0034-8066 10.55444/2451.7321.2005.v43.n2 spa https://revistas.unc.edu.ar/index.php/REyE/article/view/3817/5022 Derechos de autor 2005 Eugenia Perona http://creativecommons.org/licenses/by-nc-nd/4.0 |
| spellingShingle | nonlinear modelling economic cycles macrodynamics endogeneous/exogenous fluctuations history of thought 1930-1950 B2 N1 Perona, Eugenia Birth and Early History of Nonlinear Dynamics in Economics |
| title | Birth and Early History of Nonlinear Dynamics in Economics |
| title_full | Birth and Early History of Nonlinear Dynamics in Economics |
| title_fullStr | Birth and Early History of Nonlinear Dynamics in Economics |
| title_full_unstemmed | Birth and Early History of Nonlinear Dynamics in Economics |
| title_short | Birth and Early History of Nonlinear Dynamics in Economics |
| title_sort | birth and early history of nonlinear dynamics in economics |
| topic | nonlinear modelling economic cycles macrodynamics endogeneous/exogenous fluctuations history of thought 1930-1950 B2 N1 |
| topic_facet | nonlinear modelling economic cycles macrodynamics endogeneous/exogenous fluctuations history of thought 1930-1950 B2 N1 |
| url | https://revistas.unc.edu.ar/index.php/REyE/article/view/3817 |
| work_keys_str_mv | AT peronaeugenia birthandearlyhistoryofnonlineardynamicsineconomics |