Unbalanced Growth from a Balanced Perspective

Language: English

Published by Edward Elgar Publishing Ltd, GB, 2021

1789907993 / 9781789907995

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Synthesising Marx's, Keynes's and Schumpeter's theories on wage-price dynamics, effective demand, real innovations and financial markets into a coherent whole, this book goes significantly beyond a consideration of their work in isolation. It focuses on exploring and analysing Goodwin's integrated Marx-Keynes-Schumpeter system (MKS), approaching this from a historical perspective.Chapters start from Harrod's and Kaldor's work, reconsidering prominent demand- and supply-side approaches to Keynesian macro-dynamics, supplemented by Goodwin's distributive cycle. The book presents a baseline MKS-type model, considering the rigorous treatment of uncertainty, opinion dynamics, the movement from flexicurity to social capitalism and democracy, and a high-order MKS macro-model.The exploration of the MKS model from a historical basis will make this a useful book for macroeconomics and history of economics scholars and students. It will also be helpful for those looking at macrodynamics in more depth.…

Seller Inventory # LU-9781789907995

Title
Unbalanced Growth from a Balanced Perspective
Author
Reiner Franke, Christian R. Proaño, Andreas Szczutkowski, Ricardo Araujo, Carl Chiarella, Matthieu Charpe, Peter Flaschel
Publisher
Edward Elgar Publishing Ltd, GB
Publication year
2021
Condition
New
Binding
Hardback
Language
English
ISBN 10
1789907993
ISBN 13
9781789907995

Rarewaves.com UK

London, United Kingdom

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