Abstract
What follows is part of a broader study concerning the properties of capitalist economies with regard to stability. These properties are analyzed on the basis of a microeconomic model of the competitive process, based on the classical principles derived from the works of Smith, Ricardo and Marx.1 From these classical microeconomic foundations, a classical macro analysis is established.
We thank M. Glick for his aid in the translation of this text into English. The unabridged version can be obtained from the C.E.P.R.M.A.P.
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Duménil, G., Lévy, D. (1986). Stability and Instability in a Dynamic Model of Capitalist Production (abridged version). In: Semmler, W. (eds) Competition, Instability, and Nonlinear Cycles. Lecture Notes in Economics and Mathematical Systems, vol 275. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-51699-3_7
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DOI: https://doi.org/10.1007/978-3-642-51699-3_7
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