Cyclical growth in a Goodwin-Kalecki-Marx model

DOI10.1007/S00712-012-0278-4zbMATH Open1294.91123OpenAlexW2076209206MaRDI QIDQ741564FDOQ741564

Authors: Hiroaki Sasaki 

Publication date: 12 September 2014

Published in: Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00712-012-0278-4

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zbMATH Keywords

Hopf bifurcationcyclical growthGoodwin-Kalecki-Marx modelreserve-army-creation effects

Mathematics Subject Classification ID

Economic dynamics (91B55) Economic growth models (91B62)

Cites Work

• Title not available (Why is that?)
• On the optimality of limit cycles in dynamic economic systems
• A Model of Growth Through Creative Destruction
• Marx-Goodwin growth cycles in a two-sector economy
• A Kolmogoroff generalized predator-prey model of Goodwin's growth cycle
• Theoretical and empirical shortcomings of the Kaleckian investment function
• DISTRIBUTIVE AND DEMAND CYCLES IN THE US ECONOMY?A STRUCTURALIST GOODWIN MODEL
• The Hopf bifurcation and the existence and stability of closed orbits in multisector models of optimal economic growth
• ENDOGENOUS TECHNOLOGICAL INNOVATION, CAPITAL ACCUMULATION AND DISTRIBUTIONAL DYNAMICS
• Effective Demand, Class Struggle and Cyclical Growth
• Fiscal policy and the classical growth cycle
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• Dynamic complexity in a Keynesian growth-cycle model involving Harrod's instability
• Endogenous growth cycles
• Limits to investment exhilarationism
• STEINDLIAN MODELS OF GROWTH AND STAGNATION
• A GOODWINIAN MODEL WITH DIRECT AND ROUNDABOUT RETURNS TO SCALE (AN APPLICATION TO ITALY)
• Stable, cyclic and chaotic growth: The dynamics of a discrete-time version of Goodwin's growth cycle model
• DO RISING REAL WAGES INCREASE THE RATE OF LABOR-SAVING TECHNICAL CHANGE? SOME ECONOMETRIC EVIDENCE
• Cyclical growth in a Goodwin-Kalecki-Marx model

Cited In (20)

• Testing a Goodwin's model with capacity utilization to the US economy
• Growth, cycles, asset prices and finance
• Unemployment and economic growth cycles
• Marx-Goodwin growth cycles in a two-sector economy
• Models of competition between firms: endogenous market structure in the Kaleckian model
• Growth and cycles as a struggle: Lotka-Volterra, Goodwin and Phillips
• Effective Demand, Class Struggle and Cyclical Growth
• Unemployment, income distribution and debt-financed investment in a growth cycle model
• Cyclicity and well-balanced growth in systems with imperfect competition in labor markets
• Endogenous economic resilience, loss of resilience, persistent cycles, multiple attractors, and disruptive contractions
• The Kaldor-Kalecki business cycle model
• DISTRIBUTIVE AND DEMAND CYCLES IN THE US ECONOMY?A STRUCTURALIST GOODWIN MODEL
• Cyclical growth in a Goodwin-Kalecki-Marx model
• Goodwin cycles, distributional conflict and productivity growth
• Prosperity and stagnation in capitalist economies
• A clarification of the Goodwin model of the growth cycle
• Growth cycles when workers save. A reformulation of Goodwin's model along Kaldorian-Pasinettian lines.
• Inflation-deflation expectations and economic stability in a Kaleckian system
• A non-linear Keynesian Goodwin-type endogenous model of the cycle: Bayesian evidence for the USA
• Growth, unemployment and endogenous technical progress: a Hicksian resolution of Harrod's knife-edge

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