Rodousakis, Nikolaos (2010): Testing Goodwin’s Growth Cycle Disaggregated Models: Evidence from the InputOutput Table of the Greek Economy for the Year 1988.

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Abstract
This paper tests empirically the wellknown Goodwin’s ‘growth cycle’ disaggregated models, using data from the symmetric inputoutput table of the Greek economy for the year 1988. It is found that from qualitative as well as quantitative point of view, both models are not adequate to describe the longrun workers’ shareemployment rate trajectories of the Greek economy. However, in the mediumrun analysis the evidence presented here are more encouraging: at qualitative level, one of the two Goodwin’s models is found to be adequate to describe the dynamic behavior of the workers’ share and employment rate.
Item Type:  MPRA Paper 

Original Title:  Testing Goodwin’s Growth Cycle Disaggregated Models: Evidence from the InputOutput Table of the Greek Economy for the Year 1988 
Language:  English 
Keywords:  Business cycles; Disaggregated models; Inputoutput tables; Principal coordinates 
Subjects:  E  Macroeconomics and Monetary Economics > E3  Prices, Business Fluctuations, and Cycles > E32  Business Fluctuations; Cycles D  Microeconomics > D5  General Equilibrium and Disequilibrium > D57  InputOutput Tables and Analysis E  Macroeconomics and Monetary Economics > E2  Macroeconomics: Consumption, Saving, Production, Employment, and Investment > E24  Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital C  Mathematical and Quantitative Methods > C6  Mathematical Methods; Programming Models; Mathematical and Simulation Modeling > C67  InputOutput Models 
Item ID:  24171 
Depositing User:  Nikolaos Rodousakis 
Date Deposited:  31. Jul 2010 01:21 
Last Modified:  13. Feb 2013 11:18 
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URI:  http://mpra.ub.unimuenchen.de/id/eprint/24171 