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The Comparative Statics of Effective Demand [PDF]
ABSTRACTKeynes introduces the term ‘effective demand’ in Chapter 3 of the General Theory as designating the point of intersection of two functions: the ‘aggregate demand function’ (D) and the ‘aggregate supply function’ (Z). For the first time in the literature, I here use specific functional forms for the D and Z functions and run numerical ...
Jochen Hartwig
exaly +5 more sources
A dynamic approach to the theory of effective demand [PDF]
This paper attempts to resituate the theory of effective demand within a dynamic nonequilibrium context. Existing theories of effective demand, which derive from the works of Keynes and Kalecki, are generally posed in state equilibrium terms.
ANWAR SHAIKH
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Household consumer debt, endogenous money and growth: A supermultiplier-based analysis [PDF]
The paper provides a simple theoretical framework to assess the macroeconomic implications of debt-fuelled consumption. In particular, the analysis is conducted through an extended super-multiplier model with endogenous credit money, which highlights the
Riccardo Pariboni
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Research on Factors Influencing the Demand of Chinese Commercial Health Insurance Caused by COVID-19
The COVID-19 pandemic in 2020 enhanced the need for commercial health insurance to address the sudden and overwhelming healthcare costs faced by families.
Bo-ya Shi +3 more
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Effective Demand in the Short and in the Long Run
In the context of the special issue on Joseph Steindl we publish an original manuscript by the same author, containing a paper he presented at the 1990 edition of the “International Summer School for Advanced Economic Studies” (the Trieste School).
Josef Steindl
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“General Theory” of J.M. Keynes: 80 Years After
The Keynes' "General Theory", published 80 years ago, overthrew the neoclassical orthodoxy and created a new understanding of how market economy works.
Anatoly V. Kholopov
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"The General Theory of Employment, Interest and Money" J. M. Keynes: Background, Methodology and Specific Interpretations [PDF]
The paper was prepared for the 80-th anniversary of publishing of John Maynard Keynes’ “General Theory of Employment, Interest and Money”. It discusses the stages of the economist’s life, the main books written prior to "The General Theory ...
Nureev Rustem, M.
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O artigo trata da posição teórica de Keynes relativamente à economia clássica e à abordagem denominada herética. A primeira seção resgata os traços distintivos das escolas clássica e neoclássica segundo a demarcação proposta por Keynes, bem como as ...
Rogério Arthmar +2 more
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Resuming growth in Latin America: short and long term policies
The authors of this paper assert that the paralysis of the state generated by the crises of the 1970s and 1980s deprived the economies of the region of an important lever to resume and sustain growth.
Julio Lopez G. +1 more
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La domanda effettiva nel breve e nel lungo periodo.(Effective Demand in the Short and the Long Run)
L'articolo è una traduzione di un manoscritto originale di Josef Steindl, contenente un documento che ha presentato all'edizione 1990 della "Scuola estiva internazionale per studi economici avanzati" (la Scuola di Trieste).
Josef Steindl
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