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Economic uncertainty, instabilities and asset bubbles : selected essays / Anastasios G Malliaris
Singapore : World Scientific Pub, 2005.
xxvii, 343 pages : illustrations ; 24 cm.
Ký hiệu phân loại (DDC): 338.542
The compendium of papers in this volume focuses on aspects of economic uncertainty, financial instabilities and asset bubbles. Economic uncertainty is modeled in continuous time using the mathematical techniques of stochastic calculus. A detailed treatment of important topics is provided, including the existence and uniqueness of asymptotic economic growth, the modeling of inflation and interest rates, the decomposition of inflation and its volatility, and the extension of the quantity theory of money to allow for randomness.
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