Economic Complexity and Equilibrium Illusion

Economic Complexity and Equilibrium Illusion

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This book consists of the major work of Professor Ping Chen, a pioneer in studying economic chaos and economic complexity. They are selected from works completed since 1987, integrating different insights from Marx, Marshall, Schumpeter and Keynes.Thefrequency patternsof the stock marketindexes disclosearich history of market movements (Figure 6.6). ... can be revealed from the stable frequency pattern under theoil priceshocksin 1973, 1979, and thestock market crash in October 1987.

Title:Economic Complexity and Equilibrium Illusion
Author:Ping Chen
Publisher:Routledge - 2010-04-05


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