| Title:
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MATHEMATICAL ECONOMICS AND THE DYNAMICS OF CAPITALISM
GOODWIN'S LEGACY CONTINUED |
| By: |
Peter Flaschel (Editor), Michael A. Landesmann (Editor) |
| Format: |
Hardback |
| List price:
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£150.00 |
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£135.00 |
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£15.00 |
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| ISBN 10: |
0415451450 |
| ISBN 13: |
9780415451451 |
| Availability: |
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| Publisher: |
TAYLOR & FRANCIS LTD |
| Pub. date: |
20 June, 2008 |
| Series: |
Routledge Frontiers of Political Economy |
| Pages: |
302 |
| Description: |
Richard Goodwin was a pioneer in the use of mathematical tools to understand the dynamics of capitalist economies. This volume contains contributions which focus on the rigorous extension of Goodwin's modelling of macro-dynamics and the micro-structures underlying them. |
| 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 |
| Illustrations: |
70 black & white illustrations, 23 black & white tables, 70 black & white |
| Publication: |
UK |
| Imprint: |
Routledge |
| Returns: |
Returnable |