Gallegati, M.; Gardini, L.; Puu, T.; Sushko, I. - In: Mathematics and Computers in Simulation (MATCOM) 63 (2003) 6, pp. 505-527
In the Trade Cycle, Hicks introduced the idea that endogenous fluctuations could be coupled with a growth process via nonlinear processes. To argue for this hypothesis, Hicks used a piecewise-linear model. This paper shows the need for a reinterpretation of Hicks’ contribution in the light of...