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Chapter

What is a dynamic theory? Properties of determined and indetermined systems.

Chapter

What is a dynamic theory? Properties of determined and indetermined systems.

DOI link for What is a dynamic theory? Properties of determined and indetermined systems.

What is a dynamic theory? Properties of determined and indetermined systems. book

What is a dynamic theory? Properties of determined and indetermined systems.

DOI link for What is a dynamic theory? Properties of determined and indetermined systems.

What is a dynamic theory? Properties of determined and indetermined systems. book

ByRagnar Frisch, Olav Bjerkholt, Ariane Dupont-Kieffer
BookProblems and Methods of Econometrics

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Edition 1st Edition
First Published 2009
Imprint Routledge
Pages 12
eBook ISBN 9780203878538

ABSTRACT

It is a very widespread opinion among economists nowadays that the theoretical structure of economics, as it has developed over the last generations, bears – to a too large degree – the mark of static ideas. On this issue it seems that everybody is in agreement. Everybody agrees on the need of introducing something more dynamic. But when we come to the question of knowing what this dynamic thing is, there is no longer any unanimity. It is really an issue that has been discussed very much.

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