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  • A Disequilibrium Macrodynamic Model of Fluctuations 

    Velupillai, Vela K. (National University of Ireland, Galway, 2004)
    A nonlinear disequilibrium macrodynamic model of uctuations in the labour and product markets, mediated by variations in factor shares, is developed and the exis- tence of a periodic orbit is proved using the Hopf ...