Nonlinearities, Disequilibria and Simulation: Proceedings of the Arne Ryde Symposium on Quantitative Methods in the Stabilization of Macrodynamic Systems Essays in Honour of Björn Thalberg

Our analytical heritage in macrodynamics owes a great deal to Ragnar Frisch. The tradition of quantitative methods in economic analysis owes not a little to Frisch, Trygve, Haavelmo and Leif Johansen. These essays pay homage to Thalberg - student, friend, colleague and collaborator of that trio. Front Matter....Pages i-xiii Introduction....Pages 1-11 Björn Thalberg — Teacher, Mentor and Friend....Pages 12-19 Reminiscences....Pages 20-24 Front Matter....Pages 25-25 The Wooden Horse That Wouldn’t Rock: Reconsidering Frisch....Pages 27-56 Implicit Nonlinearities in the Economic Dynamics of ‘Impulse and Propagation’....Pages 57-73 Reflections on the Frisch-Johansen Tradition in the Theory of Production....Pages 74-83 Front Matter....Pages 85-85 A Chaotic Reformulation of Multiplier—Accelerator Models....Pages 87-106 Is the Norwegian Business Cycle Asymmetric?....Pages 107-133 Stability and Stabilization of Mature Economies....Pages 134-162 A Test of Rational Expectations and the Permanent Income Hypothesis Using Swedish Data 1963–87....Pages 163-196 Front Matter....Pages 197-197 Growth and Adjustment in Developing Countries: A Gap Model Approach....Pages 199-216 Unemployment in the OECD Countries....Pages 217-243 Some Observations on the Debate About Stability and Openness....Pages 244-257 Front Matter....Pages 259-259 Chaos and Evolution in Economic Processes....Pages 261-278 Growth, Welfare and Stabilization: Our Analytical Heritage....Pages 279-289 Back Matter....Pages 291-298