A Study of Kalecki‘s Model of Business Cycle Using Weakly Picard Operators Technique

Authors

  • Ion Marian Olaru Universitatea Lucian Blaga Sibiu
  • Cristina Maria Vesa

Abstract

Kalecki’s 1935 work introduced the first precise macro-dynamic model and emphasized the implementation lag between
investment decisions and productive capacity. This paper aims to establish conditions for the models solution to exist and its
continuous data dependence.

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Published

2025-12-12

Issue

Vol. 10 No. 1 (2025): TAMCS

Section

Articles