Brief von Josef Steindl an Jerzy Osiatyński

Steindl, Josef

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Correspondence

Document type:: Correspondence

Collection:: Josef Steindl Collection

Title:: Brief von Josef Steindl an Jerzy Osiatyński

Author:: Steindl, Josef

Recipient:: Osiatyński, Jerzy

Scope:: Typoskript, 3 Blätter, 3 Seiten

Place of publication:: Wien

Year of publication:: 01/20/1978

Source material date:: 20th January 1978

Language:: English

Note:: Durchschlag. - Beilage (2 Blätter) mit handschriftlichen Ergänzungen.

Shelfmark:: S/B.50

Correspondence partner:: Osiatyński, Jerzy; Steindl, Josef

Use and reproduction license:: In Copyright

Access:: Free access

DOI:: https://doi.org/10.48671/nls.js.1504170964703

Supplement

Document type:: Supplement

Collection:: Josef Steindl Collection

Title:: Kalecki's trade cycle

Access:: Free access

2 # assumptions as well as absurd results and is not a proper inter pretation of Kalecki's theory. Intuitively, it would seem that if the time unit in equation (2) is sufficiently small the same troubles as in equation (3) would arise also here. There exists a certain critical value of the time unit in (2), which must be exceeded if explosive solu tions are to be avoided. Dr. Gomulka has obtained results on this which are as yet unpublished. In Kalecki's practical examples a time unit of one year is assumed and it appears that this is sufficient to avoid unsuitable solutions of the equation.

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