Dynamic Disequilibrium Modeling: Theory and Applications

Volume editors' preface; Series editor's preface; List of contributors; Part I. Survey Papers: 1. Survey of continuous time econometrics A. R. Bergstrom; 2. Dynamic disequilibrium economics: history, conceptual foundations, possible futures Claude Hillinger; 3. The role of continuous time disequilibrium models in macroeconomics Clifford R. Wymer; Part II. Continuous Time Models: 4. Nonlinear estimation of a nonlinear continuous time model Giancarlo Gandolfo, Pier Carlo Padoan, Giuseppe De Arcangelis and Clifford R. Wymer; 5. Endogenous regime switching in a model of accumulation, credit and monetary policy D. Delli Gatti, M. Gallegati and P. C. Padoan; 6. A note on continuous time dynamic disequilibrium macroeconometric modeling of the United Kingdom K. B. Nowman; 7. Evaluation of discrete and continuous time dynamic models by spectral methods with an application to automobile demand Michael Reiter; 8. A continuous-time method for modeling optimal investment subject to adjustment costs and gestation lags Peter A. Zadrozny; Part III. Business Cycles and Growth: 9. Monopolistic price setting, subjective demand, and the business cycle Alfred Mauszner; 10. The G7-countries: a multivariate description of the business cycle stylized facts Ulrich Woitek; Part IV. Tests for Nonlinearity: 11. Comparison of the available tests for nonlinearity and chaos William Barnett, A. Ronald Gallant, Melvin Hinich, Mark Jensen and Jochen Jungeilges; 12. Testing for nonlinearity in the exchange rate data series: an empirical investigation of the Lira/$ spot rate Laura Sabani; Part V. Rationing and Disequilibrium Dynamics: 13. Dynamic stochastic choice modeling of disequilibrium in an economy B. Dejon, F. Graef, H.-J. Meier and J. Novotny; 14. Non-linear models of employment adjustment Werner Smolny; 15. A simulation study of disequilibrium price dynamics Claus Weddepohl; Part VI. Demographic and International Applications: 16. Disequilibrium in the Canadian population distribution, 1952–83 William P. Anderson and Yorgos Y. Papageorgiou; 17. Optimality of the target-zone regime Giuseppe De Arcangelis; 18. Neighborhood feedbacks, endogenous stratification, and income inequality Steven N. Durlauf.