Titlebook: Essays in Economic Dynamics; R. M. Goodwin Book 1982 Palgrave Macmillan, a division of Macmillan Publishers Limited 1982 dynamics.economic

innovation

Hectic

The Non-linear Accelerator and the Persistence of Business Cycles,cle, notably its failure to die away, along with the fact that capital stock is usually either in excess or in short supply. By a succession of increasingly complex models, the nature and methods of analysing non-linear cycle models is developed. The roles of lags and of secular evolution are illust

sterilization

growth-factor

The Nature and Problems of Cycle Policy,place enough confidence in any one model as a representation of complex reality to base a positive, quantitative policy on it. Yet it is stimulating and useful to consider how we would go about such problems if, as ultimately we must hope will be the case, our model were adequate to the task.

擦掉

The Problem of Trend and Cycle, steadily. On the contrary they sometimes advance rapidly but at other times they stagnate or decline. How are we to handle this delicate and unsolved problem of the mutual conditioning of these two types of behaviour?

Fracture

A Model of Cyclical Growth,rable to have one theory that encompasses both or, at least, to have a more intimate union of the two analyses than is ordinarily effected. It may be argued that this is too ambitious an aim and, in the light of the difficulties that I have encountered, I am inclined to agree. It is better to isolat

paltry

The Optimal Growth Path for an Underdeveloped Economy, be, and probably usually is, solved by pushing it as high as is politically feasible. As an answer this indicates a serious theoretical lacuna, apart from other more concrete shortcomings. The rate is ordinarily much too low and can only be raised gradually. But how rapidly should it be raised and

palette

A Growth Cycle,better prospects than the more usual treatment of growth theory or of cycle theory, separately or in combination. Many of the bits of reasoning are common to both, but in the present paper they are put together in a different way.

使高興

GRAVE

Closing durch psychologische Manipulation,ce of solving equations by trial and error and its vigorous modern stepchild, the automatic computing machine or zeroing servo, i.e. a mechanism which keeps trying solutions until the resulting error is reduced to zero.