CARDIM DE CARVALHO AND THE POST KEYNESIANS ON FISCAL POLICY: THE ECONOMIC CONSEQUENCES OF AUSTERITY
ABSTRACT This paper discusses the role of austerity policies in the long-run path of the economy, from a Post Keynesian perspective. Our starting points are the role of aggregate demand to determine output in the short and long run and the importance of fiscal policy as a tool for demand stabilizati...
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| Format: | Article |
| Language: | English |
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Universidade Federal do Rio de Janeiro
2020-08-01
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| Series: | Revista de Economia Contemporânea |
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| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S1415-98482020000200207&tlng=en |