Cyclical growth in a Goodwin-Kalecki-Marx model

DOI10.1007/s00712-012-0278-4zbMath1294.91123MaRDI QIDQ741564

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

zbMATH Keywords

Hopf bifurcation; cyclical growth; Goodwin-Kalecki-Marx model; reserve-army-creation effects

Mathematics Subject Classification ID

91B62: Economic growth models

91B55: Economic dynamics

Related Items

Cyclical growth in a Goodwin-Kalecki-Marx model, Inflation-deflation expectations and economic stability in a Kaleckian system, Unemployment, income distribution and debt-financed investment in a growth cycle model, Growth and cycles as a struggle: Lotka-Volterra, Goodwin and Phillips, Testing a Goodwin's model with capacity utilization to the US economy, A non-linear Keynesian Goodwin-type endogenous model of the cycle: Bayesian evidence for the USA

Cites Work

• Unnamed Item
• Unnamed Item
• Cyclical growth in a Goodwin-Kalecki-Marx model
• On the optimality of limit cycles in dynamic economic systems
• The Hopf bifurcation and the existence and stability of closed orbits in multisector models of optimal economic growth
• Dynamic complexity in a Keynesian growth-cycle model involving Harrod's instability
• A Kolmogoroff generalized predator-prey model of Goodwin's growth cycle
• Endogenous growth cycles
• Limits to investment exhilarationism
• THEORETICAL AND EMPIRICAL SHORTCOMINGS OF THE KALECKIAN INVESTMENT FUNCTION
• Marx-Goodwin growth cycles in a two-sector economy
• STEINDLIAN MODELS OF GROWTH AND STAGNATION
• DISTRIBUTIVE AND DEMAND CYCLES IN THE US ECONOMY?A STRUCTURALIST GOODWIN MODEL
• A GOODWINIAN MODEL WITH DIRECT AND ROUNDABOUT RETURNS TO SCALE (AN APPLICATION TO ITALY)
• Effective Demand, Class Struggle and Cyclical Growth
• Stable, cyclic and chaotic growth: The dynamics of a discrete-time version of Goodwin's growth cycle model
• Fiscal policy and the classical growth cycle
• A Model of Growth Through Creative Destruction
• ENDOGENOUS TECHNOLOGICAL INNOVATION, CAPITAL ACCUMULATION AND DISTRIBUTIONAL DYNAMICS
• DO RISING REAL WAGES INCREASE THE RATE OF LABOR-SAVING TECHNICAL CHANGE? SOME ECONOMETRIC EVIDENCE