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

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Synopsis

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

Book details

Series:
Routledge Frontiers of Political Economy
Author:
Peter Flaschel, Michael Landesmann
ISBN:
9781134057573
Related ISBNs:
9780203926642, 9780415451451, 9780415762014
Publisher:
Taylor and Francis
Pages:
302
Reading age:
Not specified
Includes images:
Yes
Date of addition:
2023-11-28
Usage restrictions:
Copyright
Copyright date:
2008
Copyright by:
Editorial matter and selection, Peter Flaschel and Michael Landesmann 
Adult content:
No
Language:
English
Categories:
Business and Finance, Nonfiction