Timeline for Can the Goodwin Model of cyclical labor growth be applied in a micro context to specific industries?
Current License: CC BY-SA 3.0
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| Oct 19, 2016 at 0:37 | comment | added | pc724 | @denesp maybe I'm thinking about this wrong, but I usually thin of something at the industry level as being a micro related topic (something within the realm of IO). Perhaps, when looking at dynamics at the industry level, I don't need to assume self-interested rational agents, but I don't know if that's the case. Frankly, I'm coming at this from a mathematical modeling perspective. I just want to make sure I'm doing something that doesn't violate anything major within economics. | |
| Oct 18, 2016 at 21:34 | comment | added | Giskard | Micro assumes rational self-interested agents whereas in Goodwin you just have a process without any agents. What do you mean by applying the Goodwin model in a micro context? | |
| Oct 18, 2016 at 20:08 | review | First posts | |||
| Oct 19, 2016 at 5:31 | |||||
| Oct 18, 2016 at 20:07 | history | asked | pc724 | CC BY-SA 3.0 |