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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| Auteur principal: | |
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| Format: | Artigo |
| Langue: | Inglês |
| Publié: |
Academica Brâncuşi
2025-10-01
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| Collection: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
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| Accès en ligne: | https://www.utgjiu.ro/revista/ec/pdf/2025-05,%20Volumul%20I/08_Olaru.pdf |
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