Some stability properties of Goodwin's growth cycle a critical elaboration

DOI10.1007/BF01283965zbMath0538.90017MaRDI QIDQ3325412

Peter Flaschel

Publication date: 1984

Published in: Zeitschrift für Nationalökonomie (Search for Journal in Brave)

zbMATH Keywords

structural stabilitymoney illusionparametric extensionGoodwin's growth cycle model

Mathematics Subject Classification ID

Lyapunov and other classical stabilities (Lagrange, Poisson, (L^p, l^p), etc.) in control theory (93D05) Economic growth models (91B62)

Related Items (8)

Stability and direction of Hopf bifurcations of a cyclical growth model with two-time delays and one-delay dependent coefficients ⋮ Robust cycles in Kolmogorov-Lotka-Volterra class of models with intraspecific co-operation ⋮ A Kolmogoroff generalized predator-prey model of Goodwin's growth cycle ⋮ Bargaining over productivity and wages when technical change is induced: implications for growth, distribution, and employment ⋮ The Goodwin cycle improved with generalized wages: phase portrait, periodic behaviour ⋮ SEQUENCES OF CYCLES AND TRANSITIONS TO CHAOS IN A MODIFIED GOODWIN'S GROWTH CYCLE MODEL ⋮ Orbits in a stochastic Goodwin-Lotka-Volterra model ⋮ Cyclical economic growth-re-examining the Goodwin model

Cites Work

• The Hopf bifurcation and its applications. With contributions by P. Chernoff, G. Childs, S. Chow, J. R. Dorroh, J. Guckenheimer, L. Howard, N. Kopell, O. Lanford, J. Mallet-Paret, G. Oster, O. Ruiz, S. Schecter, D. Schmidt, and S. Smale
• A note on the positivity constraint in Olech's theorem
• Unnamed Item

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