INTRODUCTION TO MACROECONOMIC DYNAMICS SPECIAL ISSUE ON COMPLEXITY IN ECONOMIC SYSTEMS

Publisher: Cambridge University Press

E-ISSN: 1469-8056|20|2|461-465

ISSN: 1365-1005

Source: Macroeconomic Dynamics, Vol.20, Iss.2, 2014-06, pp. : 461-465

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Abstract

In the aftermath of the global financial crisis, questions have been raised regarding the value and applicability of modern macroeconomics. Motivated by these developments and recent advances in dynamical systems theory, the papers in this special issue of Macroeconomic Dynamics deal with specific aspects of the economy as a complex evolving dynamic system.