KALECKI‘S MODEL OF BUSINESS CYCLE: EXISTENCE AND APPROXIMATION OF SOLUTION
In 1935, Michał Kalecki [1] developed the first clear and mathematically precise model of macroeconomic dynamics. Kalecki added an important real-world feature: the implementation lag (or gestation period) the time delay between deciding to invest and the new productive capacity becoming availab...
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| Natura: | Artigo |
| Lingua: | Inglês |
| Pubblicazione: |
Academica Brâncuşi
2025-10-01
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| Serie: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| Soggetti: | |
| Accesso online: | https://www.utgjiu.ro/revista/ec/pdf/2025-05,%20Volumul%20I/08_Olaru.pdf |
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