The contents of this volume comprise the proceedings of the International Symposia in Economic Theory and Econometrics conference held in 1987 at the IC^T2 (Inn

This book presents the state-of-the-art in non-linear dynamics and sunspots. These two topics have been the core of an international conference on instability a

The plan to publish the present book arose while I was preparing a joint work with Gunter Gabisch (Gabisch, G. /Lorenz, H. -W. : Business Cycle Theory. Berlin-H

The Principle of Large Numbers indicates that macro fluctuations have weak microfoundations; persistent business cycles and interrupted technologies can be bett