Mathematical Economics and the Dynamics of Capitalism: Goodwin's Legacy Continued (Routledge Frontiers of Political Economy)
Mathematical Economics and the Dynamics of Capitalism: Goodwin's Legacy Continued (Routledge Frontiers of Political Economy) Book Details:
Book Title: | Mathematical Economics and the Dynamics of Capitalism: Goodwin's Legacy Continued (Routledge Frontiers of Political Economy) |
Author: | Peter Flaschel; Michael Landesmann |
ISBN-13: | 9780415451451 |
Publication: | Routledge |
Reprint Year: | 2008,Edition No.1 |
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Mathematical Economics and the Dynamics of Capitalism: Goodwin's Legacy Continued (Routledge Frontiers of Political Economy) Book Information:
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 Goodwins modelling of macro-dynamics and the micro-structures underlying them, and also research with a wider perspective related to Goodwins 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 Goodwins 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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Higher Education Textbooks
Paperback
English
320
0415451450
20 Jun 2008
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