Mathematical Economics And The Dynamics Of Capitalism: Goodwin's Legacy Continued (Routledge Frontiers Of Political Economy).pdf
Read online or download a free book: Mathematical Economics And The Dynamics Of Capitalism: Goodwin's Legacy Continued (Routledge Frontiers Of Political Economy)
Publisher: Routledge (2 Dec. 2014)
By: Peter Flaschel (Editor), Michael Landesmann (Editor)
Book format: pdf doc docx mobi djvu epub ibooks (*An electronic version of a printed book that can be read on a computer or handheld device designed specifically for this purpose.)
Richard Goodwin was a pioneer in the use of mathematical tools to understand the dynamics of capitalist economies. This book contains contributions which focus on the rigorous extension of Goodwin’:s modelling of macro-dynamics and the micro-structures underlying them, and also research with a wider perspective related to Goodwin’:s vision of an integrated Marx-Keynes-Schumpeter (M-K-S) system of the dynamics of capitalist economies.
The variety of approaches in this book range from detailed business cycle analyses to Schumpeterian processes of creative destruction. They include
- thorough theoretical analysis of delayed dynamical systems.
- empirical studies of Goodwin’:s classical growth cycle model and the integration of Keynesian aspects of effective demand and of financial mechanisms that impact the real macro-economy.
- micro-economic structural analysis.
- expectations driven aspects of micro-founded business cycle modelling
|The message text:|