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arXiv · 2505.23513

An Analysis of Pseudo-Goodwin Cycles in a Wage-Led Minsky Model

Johannes Buchner
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Abstract

The goal of these notes is to make the concept of "pseudo goodwin cycles" mathematically more precise. At first the title seems like a contradiction to have a wage-led model and still find goodwin cycles in it, but the point we try to make in the paper is that those are only `pseudo-goodwin' cycles, and not real goodwin cycles.

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Johannes Buchner. 2025-05-29. An Analysis of Pseudo-Goodwin Cycles in a Wage-Led Minsky Model. https://arxiv.org/abs/2505.23513

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