Goodwin's well-known growth cycle model has been rejected by Keynesians because it fails to take product disequilibria into account and gives rise to cycles which are much longer than observable business cycles. In the present article it is shown that cycles of much shorter duration can be...

I. Extensions of the Predator-Prey-Model of a Growth Cycle -- Implications of Workers’ Savings for Economic Growth and the Class Struggle -- Alternative Monetary Policies in a Classical Growth Cycle -- Unemployment Insurance and Cyclical Growth -- A Generalization of R.Goodwin’s Model with...