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Nonlinear Dynamics and Unemployment Theory


Boe Thio

Contents: Choice of technique and substitution in nonlinear growth-cycle models - Capital deepening and capital widening investment in one-sector and two-sector models of cyclical growth - Goodwin/Kaldor/Phillips-type models of persistent fluctuations and limit cycles - Neo-Keynesian analysis of wage-price formation, efficiency wages, and decomposition of unemployment.