Konstantakis, Konstantinos N.; Michaelides, Panayotis G.; … - In: Applied Economics Letters 21 (2014) 7, pp. 481-486
This article studies business cycles with the use of a novel Goodwin--Keynes type model. Based on its derived equations of motion and dynamic properties, we estimate the proposed model for the case of the German economy, the locomotive of the EMU, in the period 1991 to 2007, using relevant...