The Macrodynamics of Capitalism: Elements for a Synthesis of Marx, Keynes and SchumpeterSpringer Science & Business Media, 11 dec 2008 - 399 pagina's This book provides an introduction to advanced macrodynamics, viewed as a di- quilibriumtheoryof?uctuatinggrowth. Itbuildsonanearlierattempttoreformulate 1 the foundations of macroeconomics from the perspective of real markets diseq- librium and the con?ict over income distribution between capital and labor. It does so, not because it wants to support the view that this class con?ict is inevitable, but with the perspective that an understanding of this con?ict may help to formulate socio-economic principles and policies that can help to overcome class con?ict at least in its cruder forms or that can even lead to rationally understandable proce- 2 dures and rules that turn this con?ict into a consensus-driven interaction between 3 capitalists or their representatives and the employable workforce. The book starts from established theories of temporary equilibrium positions, the forces of real growth, and the con?ict over income distribution, represented by basic modeling approaches, which it considers in detail in its Part I in order to prepare the ground for their integration in Part II of the book. In this way we inspect what types of models of disequilibrium, income distribution, and real growth we have at our disposal, as models that have proved to be of real interest and sound from a rigorous modeling perspective. |
Inhoudsopgave
1 | |
Temporary Equilibrium DistributionDriven Demand Cycles | 21 |
Real Growth and InStability 55 | 54 |
Marxs | 107 |
Friedman or Marx? 149 | 148 |
A Reconsideration | 184 |
A Classical Revolution in Keynesian Macrodynamics? | 229 |
Matured Keynesian ADAS Analysis and Beyond | 264 |
Baseline Structure and Estimation | 305 |
Flexicurity Capitalism | 335 |
Some Useful Theorems | 383 |
References | 391 |
Overige edities - Alles bekijken
The Macrodynamics of Capitalism: Elements for a Synthesis of Marx, Keynes ... Peter Flaschel Geen voorbeeld beschikbaar - 2009 |
The Macrodynamics of Capitalism: Elements for a Synthesis of Marx, Keynes ... Peter Flaschel Geen voorbeeld beschikbaar - 2008 |
The Macrodynamics of Capitalism: Elements for a Synthesis of Marx, Keynes ... Peter Flaschel Geen voorbeeld beschikbaar - 2010 |
Veelvoorkomende woorden en zinsdelen
AD-AS model adaptive expectations aggregate demand analysis assumed assumption asymptotically stable basic capacity utilization capital stock capitalist economies Chap chapter Chiarella Classical model considered determined differential equations discussion disequilibrium dynamical system effective demand employment rate endogenous equilibrium Euro area exogenous Flaschel flexible flexicurity formulation full employment function given gives rise growth model growth rate Harrod's holds true implies instability interest rate IS-LM Jacobian Keynes Keynesian model labor market Liapunov function macrodynamics macroeconomic monetarist monetary growth money wage myopic perfect foresight NAIRU Okun's law output parameter Phillips curve policy rule price inflation price level production rate of growth rate of inflation rate of interest rational expectations real wage reformulation result Sargent Say's Law Schumpeter sector situation social stability stagflation steady structure Taylor rule Theorem theory tion trade cycle variables wage and price wage share wage-price Walrasian