Summary:
Building the basic Goodwin model in Minsky; Deriving the same model from macroeconomic definitions; Analysing its (in-)stability using its Jacobian matrix; Empirical test of the Goodwin model by Grasselli and Maheshwari; The red-herring of the current Neoclassical debate on the Phillips Curve; What Phillips actually said and was doing in the 1950s–building engineering-style nonequilibrium models ...
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Building the basic Goodwin model in Minsky; Deriving the same model from macroeconomic definitions; Analysing its (in-)stability using its Jacobian matrix; Empirical test of the Goodwin model by Grasselli and Maheshwari; The red-herring of the current Neoclassical debate on the Phillips Curve; What Phillips actually said and was doing in the 1950s–building engineering-style nonequilibrium models ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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