The Generation of Business Fluctuations: Financial Fragility and Mean-Field Interactions

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Show simple item record Di Guilmi, C 2010-05-28T09:36:58Z 2008-01
dc.identifier.citation 2008, 1st
dc.identifier.isbn 978-3-631-58119-3
dc.identifier.other A1UNSUBMIT en_US
dc.description.abstract The limits imposed on economic modeling by the representative agent hypothesis have prevented dynamic analysis from fully exploring the links between the micro and macro level of the economic system. This book presents developments and applications of the innovative techniques of dynamic stochastic aggregation, first proposed by Masanao Aoki, through an implementation in a New Keynesian financial fragility framework. The introduction in macroeconomics of statistical mechanics tools, such as mean-field interaction, statistical entropy and master equation, constitutes a step toward a new definition of microfoundation and allows an integrated modeling of the relationships between micro financial variables and aggregate indicators.
dc.publisher Peter Lang
dc.title The Generation of Business Fluctuations: Financial Fragility and Mean-Field Interactions
dc.type Book
dc.journal.number en_US
dc.publocation USA en_US
dc.identifier.startpage en_US
dc.identifier.endpage en_US BUS.School of Finance and Economics en_US
dc.conference Verified OK en_US
dc.for 140102 Macroeconomic Theory
dc.personcode 105951
dc.percentage 100 en_US Macroeconomic Theory en_US
dc.classification.type FOR-08 en_US
dc.edition 1st en_US
dc.custom en_US en_US
dc.location.activity en_US
dc.description.keywords en_US
pubs.embargo.period Not known
pubs.organisational-group /University of Technology Sydney
pubs.organisational-group /University of Technology Sydney/Faculty of Business
pubs.organisational-group /University of Technology Sydney/Faculty of Business/Economics
utslib.copyright.status Closed Access 2015-04-15 12:17:09.805752+10
utslib.collection.history Closed (ID: 3)

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