Hysteresis and the Modeling of Economic Phenomena
Bibliographic Data
| ID | 12230335 |
|---|---|
| Authors | Donald W Katzner (corresponding author) |
| Year | 1999 |
| Volume | 11 |
| Issue | 2 |
| Pages | 171-181 |
| Publication date | 1999-04-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Review of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0953-8259 • E-ISSN: 1465-3982 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/095382599107101 |
| OpenAlex | W2031604961 |
| Language | EN |
| Citations received | 2 |
| References cited | 13 |
Three definitions of hysteresis in dynamic economic models are considered in order of their increasing ability to project history onto the present in a significant way. The third of these definitions is based on the substitution of 'historical' for 'logical' time in the model's dynamic structure
Econometrics · Economic model · Economics · Hysteresis · Keynesian economics · Macroeconomics · Mathematical economics · Order (exchange · Physics · Substitution (logic · Complex Systems and Time Series Analysis · Computer Science · Economic theories and models
| Citations per year | 0.13 |
|---|---|
| Citation span | 2010 - 2018 (9) |
| Highly cited | No |