Are there quantitative Marxian/Marxist/neo-Marxist economic models like Dynamic Stochastic General Equilibrium models or Euro Area Wide (micro-founded) models - that can be used by central banks and researchers? Are there efforts to model relations between notions in Marxist economy? Maybe there is no need for separate economic models between Marxist (heterodox) and mainstream economics - maybe Marxists assume that mainstream economic models describe the reality quite accurately and that Marxism can add only decisions about resource redistribution and there is no need of models for such decisions.
I have found only one book and I have found some references about empirical work by Marxian economists - just compilation of statistics.
I wonder why I can not find more quantitative Marxism models and literature, because there should be such work:
- Economists of communist countries (if we can say that - like China) and central banks of communist countries should have some models for making investment decisions, extensive models for planning and decision making (e.g. Greenspan remembered very impressive matrix calculations). Maybe these models are expression of Marxist economy.
- Many countries after WWII experienced elements of state control, state planning and state intervention in economy (even US before till the Ford administration). So - these countries had to have some special models for planning and maybe they incorporated Marxian content?
- I can not understand how it is possible to write about economics without using math and without having models. Marxian economists, seems to me, have this ability.
Any references, mentoring, pointers to the literature or important terms and notions are welcome!
Maybe one approach to finding my answer is using some workaround way - e.g. maybe I should seek the Chinese economic literature - it can have formalization of Marxism and at the same time current Chinese economic literature may be quite rational and quite acceptable for mainstream economics. Are there any resource of Chinese economic research in English?