动态耦合、非线性加速器与经济周期的持续性

Dynamical coupling, the non-linear accelerator and the persistence of business cycles

Cambridge Journal of Economics · 2015
被引 7
人大 A-ABS 3

中文导读

扩展了Goodwin的非线性乘数-加速器模型,研究贸易耦合下经济系统的动态行为,发现即使结构相同的非线性经济,其丰富动态也高度依赖初始条件。

Abstract

Many of the research questions and programmes that were posed and suggested by Richard Goodwin remain highly relevant today for various methodological, empirical and theoretical reasons. This paper addresses the issue of whether highly articulated and complex economic interactions can be represented by a simplified low-dimension model. We follow the valuable insight offered by Goodwin in 1947, concerning the importance of dynamical interactions (coupling) and the potential role of analogue and/or digital computers in studying them fruitfully. The non-linear, dynamic multiplier–flexible accelerator model of the business cycle proposed in 1951 is extended to the case in which these economies are coupled through trade. The dynamics implied by the coupling are studied by analogy with the well-known Fermi–Pasta–Ulam problem. It is shown that for non-linear economies, even when they are exactly the same, i.e. having the same structural behavioural equations, the very rich dynamics depend crucially on the initial conditions. This result is somewhat unexpected.

非线性经济耦合乘数-加速器模型经济周期初始条件敏感性