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A contribution to the nonlinear theory of the trade cycle

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This paper is a revised version of my earlier draft, „Flexible Investment Planning and Nonlinear Trade Cycle Theories“, the Institute of Social and Economic Research, Osaka University, Discussion Paper No. 1, which has been circulated for private discussion. I should like to express my sincere gratitude to the following who read the draft and made valuable suggestions and criticisms: Professor R. M. Goodwin of Peterhouse, Cambridge University; Professor H. P. Neisser of the Graduate Faculty of Political and Social Science, New School for Social Research; and Dr. S. Ichimura of the Institute of Social and Economic Research, Osaka University. I have also profited from having Professor Goodwin read the present version.

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Morishima, M. A contribution to the nonlinear theory of the trade cycle. Zeitschr. f. Nationalökonomie 18, 165–173 (1958). https://doi.org/10.1007/BF01311408

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