Various Concepts of Hysteresis Applied in Economics

By Matthias Göcke. 2002

181 citations recorded by the source corpus.

Subfields: Computer Networks and Communications, Condensed Matter Physics, Statistical and Nonlinear Physics

View Paper: https://www.semanticscholar.org/paper/3211a223ef46a860121a5a710c0208d85ca44078

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In Computer Networks and Communications

1. Philip S. Yu
2. Guodong Li
3. Ron Martin
4. P. Caro
5. Ludmila I. Kuncheva

In Condensed Matter Physics

1. Ron Martin
2. P. Caro

In Statistical and Nonlinear Physics

1. Philip S. Yu
2. Ron Martin
3. Wai Keung Li
4. P. Caro

Citations in the corpus

• Recessions, recoveries and regional resilience: evidence on Italy (2015, background): “A given area, then, does not necessarily evolve through self-adjusting dynamics, but it can experience multiple patterns such as non-ideal relay (Göcke, 2002) and memory of recessions (Cross et al.”
• Recessionary Shocks and Regional Employment: Evidence on the Resilience of U.K. Regions (2012, unknown): “The concept of hysteresis has recently become the subject of renewed interest in economics (see, e.g., Göcke, 2002; Cross, Grinfeld and Lamba, 2009; Cross, Mcnamara and Pokrovskii, 2010; Setterfield, 2010).”
• Hysteretic autoregressive time series models (2015, background): “Consider the simple microeconomic example in Gocke (2002).”
• Regional Economic Resilience, Hysteresis and Recessionary Shocks (2012, background): “…the concept of hysteresis has subsequently found its way into economics (Georgescu-Rogen, 1967; Elster, 1976; Cross and Allen, 1988; Cross, 1993; Göcke, 2002; Setterfield, 2010).8 Even mainstream economics now admits of the possibility of multiple equilibria, or stability domains, and that an…”