Nonlinear Dynamics of Financial Crises

When just a handful of economists predicted the 2008 financial crisis, people should wonder how so many well educated people with enormous datasets and computing power can be so wrong. In this short book Ionut Purica joins a growing number of economists who explore the failings of mainstream economics and propose solutions developed in other disciplines, such as sociology and evolutionary biology. While it might be premature to call for a revolution, Dr. Purica echoes John Maynard Keynes in believing that economic ideas are "dangerous for good or evil." In recent years evil seems to have had the upper hand. "Nonlinear Dynamics of Financial Crises" points to their ability to do good. Makes complex economics ideas accessible by carefully explaining technical terms and minimizing mathematics and equations Delivers easily-understood perspectives about the global economy by constructing broad assumptions and conclusions in the face of its infinitely complexity Challenges received economic ideas by focusing on human behavior and the roles it plays in easily-observable recent trends and events

Produk Detail:

  • Author : Ionut Purica
  • Publisher : Academic Press
  • Pages : 124 pages
  • ISBN : 0128032766
  • Rating : 4/5 from 21 reviews
CLICK HERE TO GET THIS BOOKNonlinear Dynamics of Financial Crises

Nonlinear Dynamics of Financial Crises

Nonlinear Dynamics of Financial Crises
  • Author : Ionut Purica
  • Publisher : Academic Press
  • Release : 28 March 2015
GET THIS BOOKNonlinear Dynamics of Financial Crises

When just a handful of economists predicted the 2008 financial crisis, people should wonder how so many well educated people with enormous datasets and computing power can be so wrong. In this short book Ionut Purica joins a growing number of economists who explore the failings of mainstream economics and propose solutions developed in other disciplines, such as sociology and evolutionary biology. While it might be premature to call for a revolution, Dr. Purica echoes John Maynard Keynes in believing that

Market Microstructure and Nonlinear Dynamics

Market Microstructure and Nonlinear Dynamics
  • Author : Gilles Dufrénot,Fredj Jawadi,Waël Louhichi
  • Publisher : Springer
  • Release : 14 July 2014
GET THIS BOOKMarket Microstructure and Nonlinear Dynamics

This book discusses market microstructure environment within the context of the global financial crisis. In the first part, the market microstructure theory is recalled and the main microstructure models and hypotheses are discussed. The second part focuses on the main effects of the financial downturn through an examination of market microstructure dynamics. In particular, the effects of market imperfections and the limitations associated with microstructure models are discussed. Finally, the new regulations and recent developments for financial markets that aim

Quantitative and Empirical Analysis of Nonlinear Dynamic Macromodels

Quantitative and Empirical Analysis of Nonlinear Dynamic Macromodels
  • Author : Carl Chiarella,Reiner Franke,Peter Flaschel,Willi Semmler
  • Publisher : Emerald Group Publishing
  • Release : 30 May 2006
GET THIS BOOKQuantitative and Empirical Analysis of Nonlinear Dynamic Macromodels

This book represents an ongoing research agenda the aim of which is to contribute to the Keynesian paradigm in macroeconomics. It examines the Dynamic General Equilibrium (DGE) model, the assumption of intertemporal optimizing behavior of economic agents, competitive markets and price mediated market clearing through flexible wages and prices.

New Facets of Economic Complexity in Modern Financial Markets

New Facets of Economic Complexity in Modern Financial Markets
  • Author : Catherine Kyrtsou,Didier Sornette,Chris Adcock
  • Publisher : Routledge
  • Release : 18 December 2020
GET THIS BOOKNew Facets of Economic Complexity in Modern Financial Markets

The book is motivated by the disruptions introduced by the financial crisis and the many attempts that have followed to propose new ideas and remedies. Assembling contributions by authors from a variety of backgrounds, this collection illustrates the potentials resulting from the marriage of financial economics, complexity theory and an out-of-equilibrium view of the economic world. Challenging the traditional hypotheses that lie behind financial market functioning, new evidence is provided about the hidden factors fuelling bubbles, the impact of agents'

Financial Dynamics and Business Cycles

Financial Dynamics and Business Cycles
  • Author : Willi Semmler
  • Publisher : M.E. Sharpe
  • Release : 01 June 1991
GET THIS BOOKFinancial Dynamics and Business Cycles

Providing an analysis of the Tibet question, this work explores essential themes and issues concerning modern Tibet. It considers such topics as representations and sovereignty, economic development and political conditions, the exile movement and human rights, historical legacies and international politics, identity issues and the local society.

Nonlinear Modeling of Economic and Financial Time-Series

Nonlinear Modeling of Economic and Financial Time-Series
  • Author : Fredj Jawadi,William A. Barnett
  • Publisher : Emerald Group Publishing
  • Release : 17 December 2010
GET THIS BOOKNonlinear Modeling of Economic and Financial Time-Series

Presents researches in linear and nonlinear modelling of economic and financial time-series. This book provides a comprehensive understanding of financial and economic dynamics in various aspects using modern financial econometric methods. It also presents and discusses research findings and their implications.

Non-Linear Modeling of the Impact of the Crisis on the Interactions Among Financial Markets and Macroeconomic Variables in Cee Countries

Non-Linear Modeling of the Impact of the Crisis on the Interactions Among Financial Markets and Macroeconomic Variables in Cee Countries
  • Author : Lucian Liviu Albu,Petre Caraiani
  • Publisher : Nova Science Publishers
  • Release : 01 June 2016
GET THIS BOOKNon-Linear Modeling of the Impact of the Crisis on the Interactions Among Financial Markets and Macroeconomic Variables in Cee Countries

Preface -- Nonlinear modelling of the relation between financial markets and economic growth in the EU / Lucian-Liviu Albu, Radu Lupu, Adrian Cantemir Calin, Institute for Economic Forecasting, Romanian Academy, Romania -- The eastern and central European financial market reaction to unconventional monetary policy / Lucian-Liviu Albu, Radu Lupu, and Adrian Cantemir Calin, Institute for Economic Forecasting, Romanian Academy, Romania -- Positioning eastern european economies in the international finance network / Lucian Liviu Albu, Radu Lupu, and Crina Pungulescu, Institute for Economic Forecasting,