
Mathematical Economics and the Dynamics of Capitalism
Goodwin's Legacy Continued
Routledge (Publisher)
1st Edition
Published on 2. December 2014
Book
Paperback/Softback
302 pages
978-0-415-76201-4 (ISBN)
Description
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 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
More details
Series
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Illustrations
70 s/w Abbildungen, 70 s/w Zeichnungen, 23 s/w Tabellen
23 Tables, black and white; 70 Line drawings, black and white; 70 Illustrations, black and white
Dimensions
Height: 234 mm
Width: 156 mm
Weight
430 gr
ISBN-13
978-0-415-76201-4 (9780415762014)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions

Peter Flaschel | Michael Landesmann
Mathematical Economics and the Dynamics of Capitalism
Goodwin's Legacy Continued
E-Book
04/2016
1st Edition
Routledge
€77.99
Available for download

Peter Flaschel | Michael Landesmann
Mathematical Economics and the Dynamics of Capitalism
Goodwin's Legacy Continued
E-Book
04/2016
1st Edition
Routledge
€77.99
Available for download

Peter Flaschel | Michael Landesmann
Mathematical Economics and the Dynamics of Capitalism
Goodwin's Legacy Continued
Book
06/2008
1st Edition
Routledge
€222.84
Shipment within 15-20 days
Persons
Peter Flaschel is Professor of Economics at the Department of Economics and Business Administration, Bielefeld University, Bielefeld, Germany
Michael 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.
Michael 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.
Editor
Bielefeld University, Germany
Vienna Institute for International Economic Studies, Austria
Content
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