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The impact of science on economic growth and its cycles: the mathematical dynamics determined by the basic macroeconomic facts
The author shows that the enormous gap between theory and facts in modern macroeconomics can only be eliminated by nonlinear macroeconomic dynamics with the following special characteristics: First of all, only certain group-theoretical invariants generate the correct growth cycles with irregularly...
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Lenguaje: | eng |
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Springer
1998
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Acceso en línea: | http://cds.cern.ch/record/1952543 |