Advertisement

Perfect Foresight Cycles in a Marxian-Keynesian Model of Accumulation With Money

  • D. K. Foley

Abstract

The model described here reflects concepts and methods developed in several different traditions of the analysis of capitalist economies.

Keywords

Real Wage Capital Accumulation Aggregate Demand Capitalist Economy Capital Outlay 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Foley, Duncan (1986a), Money, Accumulation and Capital (New York: Harwood Academic Press).Google Scholar
  2. Foley, Duncan (1986b), Understanding Capital: Marx’s Economic Theory (Cambridge Mass.: Harvard University Press).Google Scholar
  3. Foley, Duncan (1986c), ‘Stabilization policy in a nonlinear business cycle model’, in W. Semmler (ed.), Competition, Instability, and Nonlinear Cycles (Berlin: Springer-Verlag).Google Scholar
  4. Foley, Duncan (1987), ‘Liquidity-profit rate cycles in a capitalist economy’, Journal of Economic Behavior and Organization, 8, pp. 363–76.CrossRefGoogle Scholar
  5. Foley, Duncan (1988), ‘Endogenous financial-production cycles,’ in W. Barnett, J. Geweke, and K. Shell (eds), Economic Complexity: Chaos, Sunspots, Bubbles and Nonlinearity (Cambridge: Cambridge University Press).Google Scholar
  6. Goodwin, Richard (1982), Essays in Economic Dynamics (London: Macmillan).Google Scholar
  7. Guckenheimer, John, and Philip Holmes (1983), Nonlinear Oscillations, Dynamical Systems and Bifurcations of Vector Fields (New York: Springer-Verlag).CrossRefGoogle Scholar
  8. Kaldor, Nicholas (1960), Essays on Economic Stability and Growth (London: Duckworth).Google Scholar
  9. Keynes, John Maynard (1936), The General Theory of Employment, Interest, and Money (London: Macmillan).Google Scholar
  10. Lucas, Robert (1981), Studies in Business-cycle Theory (Cambridge, Mass.: MIT).Google Scholar
  11. Marx, Karl (1967), Capital, volume II (New York: International).Google Scholar
  12. Ricardo, David (1817), On the Principles of Political Economy and Taxation (London: J. Murray).Google Scholar
  13. Sargent, Thomas J. (1986), Rational Expectations and Inflation (New York: Harper & Row).Google Scholar
  14. Sweezy, Paul (1939) ‘Demand under conditions of oligopoly,’ Journal of Political Economy, 47 August, pp. 568–73.CrossRefGoogle Scholar

Copyright information

© Edward J. Nell and Willi Semmler 1991

Authors and Affiliations

  • D. K. Foley

There are no affiliations available

Personalised recommendations