Mathematical Economics And The Dynamics Of Capitalism
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Mathematical Economics And The Dynamics Of Capitalism
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Author : Peter Flaschel
language : en
Publisher: Routledge
Release Date : 2016-04-01
Mathematical Economics And The Dynamics Of Capitalism written by Peter Flaschel and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-01 with Business & Economics categories.
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
How Labor Powers The Global Economy
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Author : Emmanuel D. Farjoun
language : en
Publisher: Springer Nature
Release Date : 2022-04-12
How Labor Powers The Global Economy written by Emmanuel D. Farjoun and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-04-12 with Political Science categories.
This book presents a probabilistic approach to studying the fundamental role of labor in capitalist economies and develops a non-deterministic theoretical framework for the foundations of political economy. By applying the framework to real-world data, the authors offer new insights into the dynamics of growth, wages, and accumulation in capitalist development around the globe. The book demonstrates that a probabilistic political economy based on labor inputs enables us to describe central organizing principles in modern capitalism. Starting from a few basic assumptions, it shows that the working time of employees is the main regulating variable for determining strict numerical limits on the rate of economic growth, the range of wages, and the pace of accumulation under the present global economic system. This book will appeal to anyone interested in how the capitalist mode of production works and its inherent limitations; in particular, it will be useful to scholars and students of Marxian economics. “Emmanuel Farjoun and Moshé Machover, follow up their pathbreaking work on the application of statistical physics methods to political economy in this book with David Zachariah, in which they develop methods for making educated and structured estimates of stylized facts applicable to capitalist economies. There’s a lot for economists and anyone interested in the political economy of capitalism to learn from their reasoning on these issues, including their novel and challenging suggestion of bounds on the rates of increase of use-value productivity of labor, and on the range of variation of the wage share.” Duncan K. Foley, Leo Model Professor of Economics, New School for Social Research
Capital Theory And Dynamics
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Author : Edwin Burmeister
language : en
Publisher: CUP Archive
Release Date : 1980-11-28
Capital Theory And Dynamics written by Edwin Burmeister and has been published by CUP Archive this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980-11-28 with Business & Economics categories.
Capital theory and dynamics are cornerstones for almost every branch of economics. Except in a fictional world where the economies of yesterday, today, and tomorrow are identical, issues of capital formation and dynamic behaviour must always arise. Although the specialist literature is technically demanding, Professor Burmeister shows that its important results can be understood and their economic significance grasped by those who do not possess the "mathematical literacy" required to follow rigorous proofs. Even if future events are known with certainty, they still influence the current economic state. This is the pure role of time. That future events are not known with certainty adds another complexity. This book focuses mainly on the pure role of time.
Theory Of Economic Dynamics
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Author : M. Kalecki
language : en
Publisher: Routledge
Release Date : 2013-04-15
Theory Of Economic Dynamics written by M. Kalecki and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-15 with Business & Economics categories.
Kalecki is widely regarded as one of the leading theorists in the Post-Keynesian tradition and Theory of Economic Dynamics is one of his most influential works.
The Dynamics Of A Capitalist Economy
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Author : Richard M. Goodwin
language : en
Publisher: Routledge
Release Date : 2019-09-05
The Dynamics Of A Capitalist Economy written by Richard M. Goodwin and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-05 with Political Science categories.
In this book Professor Goodwin eschewing fine-scale minutiae or classical mechanics, has addressed the big picture. His work deals with the great issues of: the class struggle a Ia Karl Marx; predator prey dramas of the Lotka- Volterra type; von Neumann's magisterial model of autonomous growth; Harrodian and Sraffian developments of Keynesian systems in their input-output aspects (or accelerator-multiplier aspects). Professor Lionello Punzo of a postwar generation provides additional chapters of multi-sector dynamics, working from and going beyond the aggregate models of Harrod, Domar, and Solow.
Theory Of Economic Dynamics
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Author : Michał Kalecki
language : en
Publisher:
Release Date : 1969
Theory Of Economic Dynamics written by Michał Kalecki and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1969 with Business & Economics categories.
The Macrodynamics Of Capitalism
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Author : Peter Flaschel
language : en
Publisher: Springer Science & Business Media
Release Date : 2008-12-11
The Macrodynamics Of Capitalism written by Peter Flaschel and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-12-11 with Business & Economics categories.
This book provides an introduction to advanced macrodynamics, viewed as a di- quilibriumtheoryof?uctuatinggrowth. Itbuildsonanearlierattempttoreformulate 1 the foundations of macroeconomics from the perspective of real markets diseq- librium and the con?ict over income distribution between capital and labor. It does so, not because it wants to support the view that this class con?ict is inevitable, but with the perspective that an understanding of this con?ict may help to formulate socio-economic principles and policies that can help to overcome class con?ict at least in its cruder forms or that can even lead to rationally understandable proce- 2 dures and rules that turn this con?ict into a consensus-driven interaction between 3 capitalists or their representatives and the employable workforce. The book starts from established theories of temporary equilibrium positions, the forces of real growth, and the con?ict over income distribution, represented by basic modeling approaches, which it considers in detail in its Part I in order to prepare the ground for their integration in Part II of the book. In this way we inspect what types of models of disequilibrium, income distribution, and real growth we have at our disposal, as models that have proved to be of real interest and sound from a rigorous modeling perspective.
Solutions Manual For Recursive Methods In Economic Dynamics
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Author : Claudio IRIGOYEN
language : en
Publisher: Harvard University Press
Release Date : 2009-06-30
Solutions Manual For Recursive Methods In Economic Dynamics written by Claudio IRIGOYEN and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-06-30 with Business & Economics categories.
This solutions manual is a companion volume to the classic textbook Recursive Methods in Economic Dynamics by Nancy L. Stokey and Robert E. Lucas. Efficient and lucid in approach, this manual will greatly enhance the value of Recursive Methods as a text for self-study.
From Catastrophe To Chaos A General Theory Of Economic Discontinuities
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Author : J. Barkley Rosser
language : en
Publisher: Springer Science & Business Media
Release Date : 2000-06-30
From Catastrophe To Chaos A General Theory Of Economic Discontinuities written by J. Barkley Rosser and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-06-30 with Business & Economics categories.
From Catastrophe to Chaos: A General Theory of Economic Discontinuities presents and unusual perspective on economics and economic analysis. Current economic theory largely depends upon assuming that the world is fundamentally continuous. However, an increasing amount of economic research has been done using approaches that allow for discontinuities such as catastrophe theory, chaos theory, synergetics, and fractal geometry. The spread of such approaches across a variety of disciplines of thought has constituted a virtual intellectual revolution in recent years. This book reviews the applications of these approaches in various subdisciplines of economics and draws upon past economic thinkers to develop an integrated view of economics as a whole from the perspective of inherent discontinuity.
Theory Of Economic Dynamics
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Author : Michal Kalecki
language : en
Publisher:
Release Date : 2009
Theory Of Economic Dynamics written by Michal Kalecki and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Business cycles categories.