Download PDF by Frederick van der Ploeg (auth.), Prof. Dr. Richard M.: Nonlinear Models of Fluctuating Growth: An International

By Frederick van der Ploeg (auth.), Prof. Dr. Richard M. Goodwin, Dr. Michael Krüger, Prof. Dr. Alessandro Vercelli (eds.)

ISBN-10: 3540133496

ISBN-13: 9783540133490

ISBN-10: 3642455727

ISBN-13: 9783642455728

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Additional resources for Nonlinear Models of Fluctuating Growth: An International Symposium Siena, Italy, March 24–27, 1983

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1 Cfr. , 1967, A Growth Cycle. , Socialism, Capitalism and Economic Growth (Essays presented to Maurice Dobb), Cambridge university Press, London. 2 Cfr. , 1971, Saggi di analisi e teoria monetaria, F. Angeli Editore, Milano. 15 (6) w/w (7) pip - E + z (LIN) 81 (1 + 8 ) (w/w - a) (8) S = S(X) (9) Md = F(p, x, TI) (10) p(I - S) + v(M d - M) = 0 where all parameters are positive and where X Product L Employment I Ex-ante investments K d KI d t K Stock of capital w Money wage N Supply of labour p Price level 8 Growth rate of money supply S Savings TI Rate of interest Md = Demand for money M = Supply of money Eq.

1963). "The rate of profit in a growing economy", Economic Journal, vol. 73, pp. 665-674. E. R. Ralm (1965). "The rate of profit in a growing economy",_Economic Journal, vol. 75, pp. 445-448. E. (1966). "The outcome of the Pasinetti-process: al, vol. 76, pp. 161-165. L. (1962). "Rate of profit and income distribution in relation to' the rate of economic growth", Review of Economic Studies, vol. 29, pp. 267-279. L. (1964). "A comment on Professor Meade's 'Rate of profit in a growing economy"', Economic Journal, vol.

29) in which fQ and f *denote the partial derivatives of the relative deficit function 11 " with respect to ~ and 11*. 31) Whenever wanted, one could replace the expressions ;*, fa' f ll * and g by expressions in 11* and a. 19), being the first one. 4 Analysis of a Special Case Up to now the unemployment insurance system has been formulated in rather general terms. 32) states that an equilibrium of the system is to imply the equilibrium of the unemployment benefits fund, while positive or negative balances are allowed for whenever the degree of employment and/or the net profit share differ from their steady state values.

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Nonlinear Models of Fluctuating Growth: An International Symposium Siena, Italy, March 24–27, 1983 by Frederick van der Ploeg (auth.), Prof. Dr. Richard M. Goodwin, Dr. Michael Krüger, Prof. Dr. Alessandro Vercelli (eds.)


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