Mathematical Economics and the Dynamics of Capitalism

Goodwin's Legacy Continued

AvPeter Flaschel,Michael Landesmann

Häftad, Engelska, 2014

Del i serien Routledge Frontiers of Political Economy

833 kr

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Beskrivning

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

Produktinformation

Utgivningsdatum:2014-12-02
Mått:156 x 234 x 23 mm
Vikt:590 g
Format:Häftad
Språk:Engelska
Serie:Routledge Frontiers of Political Economy
Antal sidor:302
Förlag:Taylor & Francis Ltd
ISBN:9780415762014

Utforska kategorier

Nationalekonomi inom Ekonomi och Ledarskap

Mer om författaren

Peter Flaschel is Professor of Economics at the Department of Economics and Business Administration, Bielefeld University, Bielefeld, GermanyMichael Landesmann is Scientific Director of the Vienna Institute for International Economic Studies and Professor and Chair of the Department of Economics at the Johannes Kepler University in Linz, Austria.

Innehållsförteckning

Introduction, Part 1. Nonlinear Macrodynamics: Theory, 1. Coexistence of Multiple Business Cycles in Goodwin's 1951 Model, 2. An Encompassing Theory of Macroeconomic Growth and Fluctuation, 3. Kaleckian Investment and Employment Cycles in Post-war Industrialized Economies, 4. A Goodwin-Cycle with Changing Regimes of Industrial Relations, 5. Varieties of Capitalism: The Flexicurity Model, 6. Goodwin Cycles and the U.S. Economy, 1948-2004, Part 2. Nonlinear Macrodynamics: Empirical Analysis, 7. The Classical Growth Cycle after fifteen years of new observations, 8. Debt-Equity Cycles in the 20th Century: Empirical Evidence and a Dynamic Keynesian Model, 9. Monetary Policy Rules in Small Open Economies: A Keynesian Perspective, 10. Semi-Structural Keynes-Goodwin Modelling: Elaboration and Calibration of a Baseline Theoretical Framework, Part 3. Multisectoral and Microfounded Approaches, 11. Decomposition Methods for Analyzing Intra-regional and Inter-regional Income Distribution, 12. Computational Explorations of Vertically Coupled Markets, 13. Microfounded Animal Spirits and Goodwinian Income Distribution Dynamics, 14. Goodwin's Structural Economic Dynamics in the Context of Globalisation