A dynamic approach to the theory of effective demand
ABSTRACT 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. That is to say, they serve to define a given lev...
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| Format: | Article |
| Language: | English |
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Editora 34
2024-01-01
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| Series: | Brazilian Journal of Political Economy |
| Subjects: | |
| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31571989000300433&lng=en&tlng=en |