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Essays in Nonlinear Economic Dynamics

Goodwin, R. M.

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ISBN 10: 3820414096 / ISBN 13: 9783820414097
Published by Peter Lang GmbH
New Condition: New Soft cover
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Num Pages: 310 pages, illustrations. BIC Classification: KCA. Category: (P) Professional & Vocational. Dimension: 210 x 148. Weight in Grams: 390. . 1989. Paperback. . . . . Books ship from the US and Ireland. Bookseller Inventory # V9783820414097

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Title: Essays in Nonlinear Economic Dynamics

Publisher: Peter Lang GmbH

Binding: Soft cover

Book Condition:New

About this title


Since the publication of Keynes' General Theory there has been a steady increase in interest in dynamics. With it has only recently come the realization that linear dynamics are very restrictive.
This book is a collection of essays on nonlinear economic dynamics, mostly written very recently. They attempt to combine in one integral whole the analysis of cycles and growth, neither of which ever exists in the absence of the other. The essays cover cyclical and unsteady growth, multisectoral models, discrete time and irregularity, Schumpeter's vision and personal statements.


«This book is certainly a must for every scholar who intends to go more deeply into the Schumpeterian approach to long cycles and the impact of innovations on economic evolution. ... But it is not only the concentration on Schumpeterian economics which makes the book recommendable. In addition to the discussion of important topics such as structural change or discrete-time versus continuous-time modelling, Goodwin demonstrates that enlightening economic insights can be gained from the study of simple nonlinear models.» (Hans-Walter Lorenz, Structural Change and Economic Dynamics)

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