Download or read book Purchasing Power Parity Nonlinearity and Chaos written by Apostolos Serletis and published by . This book was released on 1998 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Nonlinear Adjustment Purchasing Power Parity and the Role of Nominal Exchange Rates and Prices written by Joscha Beckmann and published by . This book was released on 2011 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Complexity and Dynamics written by and published by PediaPress. This book was released on 2017 with total page 731 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Innovative Theory and Empirical Research on Employee Turnover written by Rodger Griffeth and published by IAP. This book was released on 2002-03-01 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book includes contributions from a variety of different perspectives on employee turnover. We categorize these myriad papers in terms of history, scope, theory development, and population generalization. Part I thus begins with an article by James Price, a pioneering thinker in the turnover field. Initiating the most systematic turnover research ever undertaken, Dr. Price describes his persistent quest to develop and refine a comprehensive theory of turnover. His 30-year intellectual journey offers valuable insight into theoretical and methodological challenges that continue to confront all turnover researchers.
Download or read book The Secrets of Hidden Knowledge written by Ayub V. O. Ofulla and published by Abbott Press. This book was released on 2013-08-01 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Secrets of Hidden Knowledge, author Prof. Ayub V. O. Ofulla presents the basic physics of life as it relates to molecular physical realities of life itself or social life as it relates to the individual. Grounded on physical, biological, and social sciences intertwined with information from ancient writings and scriptures, The Secrets of Hidden Knowledge provides the foundation to help you maintain order in your life, avoid or tackle situations that are chaotic and act as stumbling blocks, and embrace unavoidable chaotic situations and use them for innovative survival and faster progress. You can also come to understand how the basic nature of the physical universe is part and parcel of your life and realize the part of nature your life occupies and how it shapes you and your progress or failure in the world. You can successfully exist and change your attitude to live a peaceful, harmonious, and progressive life. Provocative and informative, The Secrets of Hidden Knowledge shows that ever-prevalent chaos brings failure. Thus, it is imperative to create a balance to only allow a bit of chaos to help us embrace change, conduct research, and innovate to help us progress and live more harmonious lives. This book demonstrates how we can learn from Mother Nature whose creative genius consists in nothing but perpetual ordering of chaos The book will both inform and inspire - Oliver Okoth Achila, JKUAT Scholar
Download or read book Nonlinear Adjustment to Purchasing Power Parity in the Post Bretton Woods Era written by Mustafa Çağlayan and published by . This book was released on 1998 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Macroeconomics written by Amalia Morales Zumaquero and published by Nova Publishers. This book was released on 2006 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: The international macroeconomics area has experienced substantial growth over the past decade. The goal of this volume is to present the most important developments in the international macroeconomics field in recent years. The literature in this area has evolved mainly in four directions that constitute the four parts of this book. In particular, Part I focuses on the purchasing power parity (PPP) puzzle, Part II presents papers that try to explain the behaviour of nominal and real exchange rates, Part III covers the financial crises, currency crises and contagion recent literature and, finally, the behaviour of exchange rates, inflation and output convergence in Central and Eastern European transition economies are considered in Part IV.
Download or read book Purchasing Power Parity and Real Exchange Rates written by Mark P. Taylor and published by Routledge. This book was released on 2013-09-13 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: The term Purchasing Power Parity may date from the early twentieth century, when it was coined by the Swedish economist Gustav Cassel, but the underlying concept had been enjoying varying degrees of success since its development in sixteenth century Spain. Even towards the end of the twentieth century, and especially since the breakdown of the Bretton Woods system of fixed exchange rates, PPP and the stability of real exchange rates continued to be the subject of academic debate. This volume brings together essays covering aspects of current thinking on Purchasing Power Parity, from the various ways in which to test for its existence, to its appearance in different economies around the world, to examinations of the explanations given when PPP does not appear to hold This book was published as a special issue of Applied Financial Economics. The academic editor of this journal is Mark P. Taylor.
Download or read book From Catastrophe to Chaos A General Theory of Economic Discontinuities written by J. Barkley Rosser and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Catastrophe to Chaos: A General Theory of Economic Discontinuities presents and unusual perspective on economics and economic analysis. Current economic theory largely depends upon assuming that the world is fundamentally continuous. However, an increasing amount of economic research has been done using approaches that allow for discontinuities such as catastrophe theory, chaos theory, synergetics, and fractal geometry. The spread of such approaches across a variety of disciplines of thought has constituted a virtual intellectual revolution in recent years. This book reviews the applications of these approaches in various subdisciplines of economics and draws upon past economic thinkers to develop an integrated view of economics as a whole from the perspective of inherent discontinuity.
Download or read book Interest Rate Rules Endogenous Cycles and Chaotic Dynamics in Open Economies written by Mr.Marco Airaudo and published by International Monetary Fund. This book was released on 2012-05-01 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: We present an extensive analysis of the consequences for global equilibrium determinacy in flexible-price open economies of implementing active interest rate rules, i.e., monetary rules where the nominal interest rate responds more than proportionally to inflation. We show that conditions under which these rules generate aggregate instability by inducing liquidity traps, endogenous cycles, and chaotic dynamics depend on specific characteristics of open economies. In particular, rules that respond to expected future inflation are more prone to induce endogenous cyclical and chaotic dynamics the more open the economy to trade.
Download or read book Systems Science written by Yi Lin and published by CRC Press. This book was released on 2012-11-26 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: By making use of the principles of systems science, the scientific community can explain many complicated matters of the world and shed new light on unsettled problems. Each real science has its own particular methodology for not only qualitative but also quantitative analyses, so it is important to understand the organic whole of systems research with operable mathematical methods. Systems Science: Methodological Approaches presents a mathematical explanation of systems science, giving readers a complete technical formulation of different systemic laws. It enables them to use a unified methodology to attack different problems that are hard, if not impossible, for modern science to handle. Following a brief history of systems science, the book explores: Basic concepts, characteristics, properties, and classifications of general systems Nonlinear systems dynamics and the theory of catastrophe Dissipative structures and synergistics Studies of chaos, including logistic mapping, phase space reconstruction, Lyapunov exponents, and chaos of general single relation systems Different aspects and concepts of fractals, including a presentation of L systems analysis and design Complex systems and complexity, with a discussion of how the phenomena of "three" and complexity are related, and how various cellular automata can be constructed to generate useful simulations and figurative patterns Complex adaptive systems and open complex giant systems, with introduction of the yoyo model and practical applications Complex networks and related concepts and methods The book concludes with several case studies that demonstrate how various concepts and the logic of systems can be practically applied to resolve real-life problems, such as the prediction of natural disasters. The book will be useful in directing future research and applications of systems science on a commonly accepted platform and playground.
Download or read book Time Varying Thresholds written by Serineh Najarian and published by International Monetary Fund. This book was released on 2003-09-01 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper introduces a time-varying threshold autoregressive model (TVTAR), which is used to examine the persistence of deviations from PPP. We find support for the stationary TVTAR against the unit root hypothesis; however, for some developing countries, we do not reject the TVTAR with a unit root in the corridor regime. We calculate magnitudes, frequencies, and durations of the deviations of exchange rates from forecasted changes in exchange rates. A key result is asymmetric adjustment. In developing countries, the average cumulative deviation from forecasts during periods when exchange rates are below forecasts is twice the corresponding measure during periods when exchange rates are above forecasts.
Download or read book Chaos and Non linear Models in Economics written by John Creedy and published by Edward Elgar Publishing. This book was released on 1994 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Non-linear models are increasingly being applied to phenomena that are otherwise very difficult to model such as financial markets, economic growth, agricultural price cycles, business cycles, diffusion processes and overlapping generation models. Chaos and Non-Linear Models in Economics makes important advances in the theory and application of non-linear modelling accessible to advanced students. The contributions to this volume include both introductory chapters which review the fundamental theoretical and statistical characteristics of non-linear models - and keep the use of mathematics to a minimum - and chapters which introduce more sophisticated techniques.
Download or read book Causal Inference in Econometrics written by Van-Nam Huynh and published by Springer. This book was released on 2015-12-28 with total page 626 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is devoted to the analysis of causal inference which is one of the most difficult tasks in data analysis: when two phenomena are observed to be related, it is often difficult to decide whether one of them causally influences the other one, or whether these two phenomena have a common cause. This analysis is the main focus of this volume. To get a good understanding of the causal inference, it is important to have models of economic phenomena which are as accurate as possible. Because of this need, this volume also contains papers that use non-traditional economic models, such as fuzzy models and models obtained by using neural networks and data mining techniques. It also contains papers that apply different econometric models to analyze real-life economic dependencies.
Download or read book Purchasing Power Parity written by Moon H. Lee and published by . This book was released on 1976 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Purchasing Power Parity written by To Dieu-Hang and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The presence of transaction costs in trading implies a non-linear adjustment process of real exchange rates towards Purchasing Power Parity (PPP). This may make the traditional tests for PPP using a linear framework, which generally tend to refute the PPP hypothesis, unreliable. This study models the dynamics of the adjustment towards PPP using a modified exponential smooth transition autoregressive process which accounts for both a symmetric and asymmetric adjustment mechanism and tests for the validity of PPP using a new test. Using quarterly data from 10 APEC countries, our results suggest that the bilateral US real exchange rates are mean reverting. Our study provides strong evidence supporting the PPP hypothesis and resolves the inconclusiveness from previous empirical results.
Download or read book Purchasing Power Parity Productivity Differentials and Non Linearity written by Jyh-Lin Wu and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to apply a symmetric band threshold autoregressive model to investigate the non-linear adjustment of the real pound-dollar rate over a period from 1885 to 2003. After controlling for the Harrod-Balassa-Samuelson effects, we find evidence to support a non-linear mean reversion of the real pound-dollar rate. Moreover, the estimated half-life is about two years with large shocks. We therefore provide a solution to the purchasing power parity puzzle.
