Mathematical Economics and the Dynamics of Capitalism

Goodwin's Legacy Continued

Business & Finance, Economics, Microeconomics, Macroeconomics
Cover of the book Mathematical Economics and the Dynamics of Capitalism by , Taylor and Francis
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Author: ISBN: 9781134057573
Publisher: Taylor and Francis Publication: April 1, 2016
Imprint: Routledge Language: English
Author:
ISBN: 9781134057573
Publisher: Taylor and Francis
Publication: April 1, 2016
Imprint: Routledge
Language: English

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
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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

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