9781333743499 - Mode Locking and Entrainment of Endogenous Economic Cycles (Classic Reprint) di Haxholdt, Christian (3 risultati)

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condizione: New. Print on Demand. This book explores the complex and often overlooked phenomenon of "mode locking" in economic systems. Drawing upon insights from physics, biology, and engineering, the author demonstrates how the interactions between different sectors of an economy can lead to synchronized economic cycles, a concept known as "entrainment." The book delves into the mathematical principles underlying mode locking, using a model of the economic long wave as a case study. This model, developed by the author, disaggregates capital into different types, each with its own characteristic lifespan. The book then investigates how the interaction between these sectors, represented by their dependence on one another's outputs, affects the frequency, amplitude, and coherence of economic cycles. By exploring the interplay of these factors, the book illuminates the complexities of economic cycles, demonstrating how seemingly disparate economic actors can become synchronized through their intricate interactions. The book offers a new perspective on the dynamics of economic cycles, challenging the traditional reliance on external shocks and emphasizing the importance of endogenous interactions in shaping economic outcomes. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.