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The macrodynamics of capitalism : elements for a synthesis of Marx, Keynes and Schumpeter / Peter Flaschel.

By: Contributor(s): Material type: TextTextPublisher: Berlin ; London : Springer, 2009Edition: 2nd rev. and enlarged edDescription: xiv, 399 p. : ill. ; 25 cmISBN:
  • 9783540879312 (hbk.)
  • 3540879315 (hbk.)
Subject(s): DDC classification:
  • 339.2 22
LOC classification:
  • HB145 .F557 2009
Contents:
1. Goodwin Growth Cycles in a Keynes Trade Cycle Framework and Beyond -- Part I. Temporary Equilibrium, Distribution-Driven Demand Cycles, and Unbalanced Growth -- 2. Keynes, the "Classics," and the "New Classics": A Simple Presentation of Basic Differences -- 3. After Keynes: Real Growth and (In-)Stability -- 4. Distributive Stability by the Reserve Army Mechanism: Marx's Contribution -- 5. Inflation, Stagflation, and Disinflation: Friedman - or Marx? -- Part II. Conventional AD-AS Analysis: A Reconsideration -- 6. Keynesian Monetary Growth Under Adaptive Expectations -- 7. A Classical Revolution in Keynesian Macrodynamics? -- Part III. Matured Keynesian AD-AS Analysis and Beyond -- 8. Keynesian AD-AS, Quo Vadis? -- 9. Keynesian DAD-DAS Modeling: Baseline Structure and Estimation -- 10. Modeling Our Future: Flexicurity Capitalism -- Mathematical Appendix: Some Useful Theorems.
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First ed. published 1993 under title: Macrodynamics : income distribution, effective demand, and cyclical growth.

Includes bibliographical references (p. 391-399).

1. Goodwin Growth Cycles in a Keynes Trade Cycle Framework and Beyond -- Part I. Temporary Equilibrium, Distribution-Driven Demand Cycles, and Unbalanced Growth -- 2. Keynes, the "Classics," and the "New Classics": A Simple Presentation of Basic Differences -- 3. After Keynes: Real Growth and (In-)Stability -- 4. Distributive Stability by the Reserve Army Mechanism: Marx's Contribution -- 5. Inflation, Stagflation, and Disinflation: Friedman - or Marx? -- Part II. Conventional AD-AS Analysis: A Reconsideration -- 6. Keynesian Monetary Growth Under Adaptive Expectations -- 7. A Classical Revolution in Keynesian Macrodynamics? -- Part III. Matured Keynesian AD-AS Analysis and Beyond -- 8. Keynesian AD-AS, Quo Vadis? -- 9. Keynesian DAD-DAS Modeling: Baseline Structure and Estimation -- 10. Modeling Our Future: Flexicurity Capitalism -- Mathematical Appendix: Some Useful Theorems.

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