An Analysis of Pseudo-Goodwin Cycles in a Wage-Led Minsky Model
Dynamical Systems
2025-05-30 v1 General Economics
Economics
Abstract
The goal of these notes is to make the concept of "pseudo goodwin cycles" mathematically more precise. At first the title seems like a contradiction to have a wage-led model and still find goodwin cycles in it, but the point we try to make in the paper is that those are only `pseudo-goodwin' cycles, and not real goodwin cycles.
Cite
@article{arxiv.2505.23513,
title = {An Analysis of Pseudo-Goodwin Cycles in a Wage-Led Minsky Model},
author = {Johannes Buchner},
journal= {arXiv preprint arXiv:2505.23513},
year = {2025}
}