Background
Burmeister, Edwin was born on November 30, 1939 in Chicago, Illinois, United States. Son of Edwin Carl and Dorothy (Braithwaite) Burmeister.
(Capital theory and dynamics are cornerstones for almost e...)
Capital theory and dynamics are cornerstones for almost every branch of economics. Except in a fictional world where the economies of yesterday, today, and tomorrow are identical, issues of capital formation and dynamic behaviour must always arise. Although the specialist literature is technically demanding, Professor Burmeister shows that its important results can be understood and their economic significance grasped by those who do not possess the "mathematical literacy" required to follow rigorous proofs. Even if future events are known with certainty, they still influence the current economic state. This is the pure role of time. That future events are not known with certainty adds another complexity. This book focuses mainly on the pure role of time.
http://www.amazon.com/gp/product/0521297036/?tag=2022091-20
Burmeister, Edwin was born on November 30, 1939 in Chicago, Illinois, United States. Son of Edwin Carl and Dorothy (Braithwaite) Burmeister.
Bachelor of Arts, Master of Arts Cornell University, 1961, 1962. Doctor of Philosophy Massachusetts Institute of Technology, Cambridge, Mass., USA, 1965.
Assistant professor economics Wharton School, University Pennsylvania, Philadelphia, 1965-1968, associate professor, 1968-1971. Visiting professor economics Duke University, 1971-1972, visiting professor economics Fuqua School Business and department economics, 1981-1982. Visiting professor economics School General Studies and visiting fellow department economics Research School Social Science Australian National University, 1974-1975.
Professor economics University Pennsylvania, Philadelphia, 1972-1976. Professor economics, member Center for Advanced Studies University Virginia, Charlottesville, 1976-1979, Commonwealth professor economics, 1979-1990. Research professor economics Duke University, since 1990.
Visiting professor economics University Chicago, 1980. Professor economics and finance University Illinois, 1982.
(This comprehensive work explores theories of economic gro...)
(Capital theory and dynamics are cornerstones for almost e...)
Author: (with A. Rodney Dobell) Mathematical Theories of Economic Growth, 1970, Capital Theory and Dynamics, 1980, (others). Contributor articles to professional journals.
Capital theory and economic growth were subjects that dominated my research for the first decade of my career. Although these areas remain of interest to me, more recently I have been investigating problems associated with macroeconomic models. In particular, the dynamic properties of rationally formed expectations have been the subject of several papers.
These efforts also have induced me to do econometric work in which Kalman filtering techniques are employed to obtain estimates of unobserved variables.
The theme which unites my work is dynamics. Current research is focussed on financial economics and its interface with the dynamic properties of the financial sectors in macroeconomic models. This work involves both theoretical and empirical studies.
Fellow Econometric Society.