{"title":"THE COMPLICATED PAIRING BETWEEN DYNAMIC SYSTEMS TECHNIQUES AND ECONOMICS","authors":"J. Sánchez, A. G. Sienra","doi":"10.22201/FE.01851667P.2020.314.76042","DOIUrl":null,"url":null,"abstract":"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.","PeriodicalId":44170,"journal":{"name":"Investigacion Economica","volume":"79 1","pages":"28"},"PeriodicalIF":0.6000,"publicationDate":"2020-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Investigacion Economica","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.22201/FE.01851667P.2020.314.76042","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"ECONOMICS","Score":null,"Total":0}
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Abstract
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.
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It is a specialized journal, bilingual (Spanish and English), plural and critical, which accepts and publishes scientific research articles in national and international economy. It is considered a public good that belongs to the University and society. Its vocation is to analyze the evolution of the theoretical and practical economics. In its pages the paradigms of economics, history of economic thought, the theories and debates about economic policy and its consequences, the diagnosis of the Mexican economy, the economic development of Latin America and the problems spread the world economy in general. It is a journal that does not discriminate plural none paradigm; theoretical orientation is unorthodox for epistemological reasons, not ideological preferences.
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