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Out of Equilibrium

Mario Amendola and Jean-Luc Gaffard

Published in print:
1998
Published Online:
November 2003
ISBN:
9780198293804
eISBN:
9780191595851
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198293801.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

This book moves from the consideration that the dominant equilibrium theory is not suited to deal properly with economic changes like innovation and growth, which are, in the nature of structural ... More


Processes of Change

Mario Amendola and Jean‐Luc Gaffard

in Out of Equilibrium

Published in print:
1998
Published Online:
November 2003
ISBN:
9780198293804
eISBN:
9780191595851
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198293801.003.0008
Subject:
Economics and Finance, Macro- and Monetary Economics

In this chapter specific processes of economic change are analysed by means of simulations of the model that formalizes the out‐of‐equilibrium analytical framework proposed. In particular, processes ... More


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