Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10009307717
Goodwin's predator-prey model predicts clockwise cycles in the employment–distribution space. Qualitative evidence is provided in favour of nonlinear dynamic behaviour for a sample of 67 countries, some of which have cycles similar to those predicted by the model. Predicted centres lie outside...
Persistent link: https://www.econbiz.de/10013131341