Click here to get the notes for the lecture, here to get an extended set of notes on these models, and here for the spreadsheet on difference equations. The Goodwin predator prey simulation is here. Click below for some useful readings.
Lance Taylor and Stephen A. O’Connell, A Minsky Crisis, The Quarterly Journal of Economics, Vol. 100, Supplement (1985), pp. 871-885.[jstor]
R. M. Goodwin The Nonlinear Accelerator and the Persistence of Business Cycles, Econometrica, Vol. 19, No. 1 (Jan., 1951), pp. 1-17.[jstor]
EJ Nell, The General Theory of Transformational Growth, Chapter 13. [amazon link]
R. M. Goodwin A Non-Linear Theory of the Cycle, The Review of Economics and Statistics, Vol. 32, No. 4 (Nov., 1950), pp. 316-320 [jstor]
Maurice Obstfeld and Kenneth Rogoff Exchange Rate Dynamics Redux The Journal of Political Economy, Vol. 103, No. 3 (Jun., 1995), pp. 624-660. [jstor]
Hey stephen is there a recording for this lecture,can't seem to find it?Thanks
Hi Shane, no recording was made. I'll do up recordings on Tuesday when I get back.