Macroeconomics | Insight Maker

Goodwin business cycle model, modified from Keen and Blatt

Clone of Goodwin Business Cycle

Nilo Guimaraes

Summary of Ch 12 of Mitchell Wray and Watts Textbook see IM-164967 for book overview. Compare with SD CLD IM-169071

Clone of Keynes and the Classics

Jeb Eddy

Goodwin cycle IM-2010 with debt and taxes added, modified from Steve Keen's illustration of Hyman Minsky's Financial Instability Hypothesis "stability begets instability". This can be extended by adding the Ponzi effect of borrowing for speculative investment.

Clone of Minsky Financial Instability Model

Robert Hercock

WIP Section 17.4 of Mitchell Wray and Watts Textbook see IM-164967 for book overview

The Quantity Theory of Money

Geoff McDonnell

WIP Exttension of IM-172005 Simulation of Goodwin01 Minsky Model. Compare with Part3 slide 5 of presentation in patreon

Goodwin02 Minsky Simulation Keen Economic Dynamics Aug2019

Geoff McDonnell

Circular equations WIP for Runy.

Added several versions of the model. Added a flow to make C increase. Added a factor to be able to change the value 0.5. Older version cloned at IM-46280

Clone of Circularity in Economic models

Runy Calmera

WIP of Rammelt's 2019 System Dynamics Review Article which has STELLA and Minsky software versions as supplements. Compare with the older IM-2011 version

Clone of Simplified Keen Goodwin Minsky Financial Instability model

Victor Hernandez

Goodwin Model:

This is a basic version of the Goodwin Model based on Kaoru Yamagushi (2013), Money and Macroeconomic Dynamics, Chapter 4.5 (link)

Equilibrium conditions:

Labor Supply = 100

Devation from the equilibrium conditions generates growth cycles.

Clone of Goodwin Model

Harshit Jayaswal

Summary of Ch 11 of Mitchell Wray and Watts Textbook see IM-164967 for book overview

Clone of The Classical System of Employment and Output Determination

Martin Prause

Goodwin cycle IM-2010 with debt and taxes added, modified from Steve Keen's illustration of Hyman Minsky's Financial Instability Hypothesis "stability begets instability". This can be extended by adding the Ponzi effect of borrowing for speculative investment.

Clone of Clone of Minsky Financial Instability Model

Robert Hercock

WIP Summary of 2020 article Monetary Sovereignty: Nature, Implementation, and Implications by Eric Tymoigne

Eric Tymoigne Monetary Sovereignty

Geoff McDonnell

Goodwin business cycle model, modified from Keen and Blatt

Clone of Goodwin Business Cycle

Robert Hercock

Goodwin cycle IM-2010 with debt and taxes added, modified from Steve Keen's illustration of Hyman Minsky's Financial Instability Hypothesis "stability begets instability". This can be extended by adding the Ponzi effect of borrowing for speculative investment.

Clone of Minsky Financial Instability Model