Mathematical Economics and the Dynamics of Capitalism (eBook, ePUB)

Goodwin's Legacy Continued
Redaktion: Flaschel, Peter; Landesmann, Michael

• Format: ePub

Produktbeschreibung

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

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Produktdetails

• Verlag: Taylor & Francis eBooks
• Seitenzahl: 302
• Erscheinungstermin: 1. April 2016
• Englisch
• ISBN-13: 9781134057573
• Artikelnr.: 44872904