Many relationships in economics, and also in other fields, are both dynamic and nonlinear. A major advance in econometrics over the last fifteen years has been

Optimal growth theory studies the problem of efficient resource allocation over time, a fundamental concern of economic research. Since the 1970s, the technique

Using models, developed in one branch of science, to describe similar behaviors encountered in a different one, is the essence of a synergetic approach. A wide

In recent years nonlinearities have gained increasing importance in economic and econometric research, particularly after the financial crisis and the economic

The empirical modeling of economic time series is dominated by methods that assume linearity of the underlying dynamic economic system. The reason for the adopt