IDEAS home Printed from https://ideas.repec.org/p/nig/wpaper/0082.html
   My bibliography  Save this paper

Hicksian Visions and Vignettes on (Non-Linear) Trade Cycle Theories

Author

Listed:
  • K. Vela Velupillai

    (Department of Economics, National University of Ireland, Galway)

Abstract

Hicks theorized about the trade cycle, from many perspectives, over the whole span of his long, fertile and distinguished profes- sional life. Beginning with thoughts on an equilibrium approach to the problem of the trade cycle in the early 30s, traversing1 those disequilibrium workhorses of macrodynamics, IS-LM and Multiplier- Accelerator models, he returned, in hunted hare fashion, to a Robert- sonian starting point. In this paper I attempt to construct a math- ematical tapestry of some of these Hicksian visions and vignettes, concentrating on (non-linear) trade cycle theories. I suggest that there are still pearls of analytical wisdom, on the non-linear dynam- ics of trade cycle theory, to be extracted from A Contribution to the Theory of the Trade Cycle (CTTC). The unlikely link between the way an economic conundrum, inherent in CTTC, was resolved and the resolution of (Part B of) Hilbert?s 16th Problem for Liénard?s equation is brie?y mentioned.

Suggested Citation

  • K. Vela Velupillai, 2004. "Hicksian Visions and Vignettes on (Non-Linear) Trade Cycle Theories," Working Papers 0082, National University of Ireland Galway, Department of Economics, revised 2004.
  • Handle: RePEc:nig:wpaper:0082
    as

    Download full text from publisher

    File URL: http://www.economics.nuig.ie/resrch/paper.php?pid=94
    File Function: First version, 2004
    Download Restriction: no

    File URL: http://www.economics.nuig.ie/resrch/paper.php?pid=94
    File Function: Revised version, 2004
    Download Restriction: no

    More about this item

    Keywords

    Non-Linear Trade Cycle Theories; Mathematical Business Cycle Theories; Hicksian Models of the Trade Cycle;

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • C65 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Miscellaneous Mathematical Tools
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nig:wpaper:0082. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Srinivas Raghavendra). General contact details of provider: http://edirc.repec.org/data/deucgie.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.