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Author: search.filters.author.García de la Sienra, AdolfoLanguage: search.filters.language.English

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    The complicated pairing between dynamic systems techniques and economics
    (2020)
    Ramírez Sánchez, José Carlos 
    ;
    García de la Sienra, Adolfo
    This paper aims to analyze the impact of the dynamic systems techniques (DST) on the recent development of neoclassical Economics. Through the use of a classification of research papers and two models, we study how mainstream economists translate concepts into dynamic formats. The main conclusions are: (i) DST have expanded knowledge in Economics by revealing new types of equilibria and tightening interrelationships among sub-disciplines; (ii) despite this undeniable success, some economists criticize how assumptions and concepts are reduced to technical expressions to ease their mathematical adaptation; and (iii) there is no neutral method to build dynamic models. © Investigación Económica
    Scopus© Citations 2  43  1