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  3. Mathematical Economics and the Dynamics of Capitalism: Goodwin's Legacy Continued

Mathematical Economics and the Dynamics of Capitalism: Goodwin's Legacy Continued

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Mathematical Economics and the Dynamics of Capitalism: Goodwin's Legacy Continued
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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

Informacija

Autorius: Peter Flaschel
Leidėjas: Routledge
Išleidimo metai: 2008
Knygos puslapių skaičius: 302
ISBN-13: 9780415451451
Formatas: 6.2 x 0.9 x 9.2 inches. Knyga kietu viršeliu
Kalba: Anglų

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