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The Role of Inflation Rate on the Dynamics of an Extended Kaldor Model

Author

Listed:
  • Kodera Jan

    (University of Economics, Prague)

  • Sladky Karel

    (Department of Econometrics, Academy of Sciences, the Czech Republic)

  • Vosvrda Miloslav

    (Department of Econometrics, Academy of Sciences, the Czech Republic)

Abstract

This contribution is devoted to the dynamics of an extended Kaldor model. Attention is focused primarily on an influence of the inflation rate on the limiting behavior, stability and robustness of the model. Both the analytical approach and computer modelling are discussed. Two illustrative examples are supplied.

Suggested Citation

  • Kodera Jan & Sladky Karel & Vosvrda Miloslav, "undated". "The Role of Inflation Rate on the Dynamics of an Extended Kaldor Model," Modeling, Computing, and Mastering Complexity 2003 16, Society for Computational Economics.
  • Handle: RePEc:sce:cplx03:16
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    More about this item

    Keywords

    extended Kaldor model; inflation rate; limiting behavior of the model; stability of the model; robustness of the model;
    All these keywords.

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory

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