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On the dominance of the Keynesian regime in disequilibrium growth theory: A note

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  • Peter Flaschel

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Abstract

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Suggested Citation

  • Peter Flaschel, 1999. "On the dominance of the Keynesian regime in disequilibrium growth theory: A note," Journal of Economics, Springer, vol. 70(1), pages 79-89, February.
  • Handle: RePEc:kap:jeczfn:v:70:y:1999:i:1:p:79-89
    DOI: 10.1007/BF01226145
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    File URL: http://hdl.handle.net/10.1007/BF01226145
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    References listed on IDEAS

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    1. Picard, Pierre, 1983. "Inflation and growth in a disequilibrium macroeconomic model," Journal of Economic Theory, Elsevier, vol. 30(2), pages 266-295, August.
    2. Benhabib, Jess & Miyao, Takahiro, 1981. "Some New Results on the Dynamics of the Generalized Tobin Model," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 22(3), pages 589-596, October.
    3. Benassy, Jean-Pascal, 1993. "Nonclearing Markets: Microeconomic Concepts and Macroeconomic Applications," Journal of Economic Literature, American Economic Association, vol. 31(2), pages 732-761, June.
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    Citations

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    Cited by:

    1. Carl Chiarella & Peter Flaschel, 1999. "Disequilibrium Growth Theory: Foundations, Synthesis, Perspectives," Working Paper Series 85, Finance Discipline Group, UTS Business School, University of Technology, Sydney.
    2. Flaschel, Peter, 2000. "Disequilibrium growth theory with insider-outsider effects," Structural Change and Economic Dynamics, Elsevier, vol. 11(3), pages 337-354, September.
    3. Robert Jump, 2014. "Animal spirits and unemployment: a disequilibrium analysis," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 9(2), pages 255-274, October.

    More about this item

    Keywords

    disequilibrium growth; regime switching; Keynesian unemployment; asymptotic stability; Hopf bifurcations; E12; E31; E32;

    JEL classification:

    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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