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An Analysis of Pseudo-Goodwin Cycles in a Wage-Led Minsky Model

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  • Johannes Buchner

Abstract

The goal of these notes is to make the concept of "pseudo goodwin cycles" mathematically more precise. At first the title seems like a contradiction to have a wage-led model and still find goodwin cycles in it, but the point we try to make in the paper is that those are only `pseudo-goodwin' cycles, and not real goodwin cycles.

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  • Johannes Buchner, 2025. "An Analysis of Pseudo-Goodwin Cycles in a Wage-Led Minsky Model," Papers 2505.23513, arXiv.org.
    • Handle: RePEc:arx:papers:2505.23513
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    File URL: http://arxiv.org/pdf/2505.23513
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