This book explores both the pros and cons of the multiplier from a strictly post-Keynesian - and Kaleckian - approach. It offers a lively discussion from a number of well-known post-Keynesians from a variety of perspectives.
This book explores both the pros and cons of the multiplier from a strictly post-Keynesian - and Kaleckian - approach. It offers a lively discussion from a number of well-known post-Keynesians from a variety of perspectives.
Louis-Philippe Rochon is Associate Professor of Economics at Laurentian University, Ontario, Canada. Claude Gnos is Associate Professor and Director of the Centre for Monetary and Financial Studies at the University of Burgundy, Dijon, in France.
Inhaltsangabe
Introduction Section One: Some Views of the Multiplier 1. Three Views on the Multiplier 2. John Maurice Clark's Contribution to the Genesis of the Multiplier Analysis: A note with some related unpublished correspondence 3. The Material and Methodological Significance of the Supermultiplier Section Two: Critical Insights on the Multiplier 4. The Investment Multiplier and Income Savings 5. The Multiplier and the Principle of Reflux 6. The Demise of the Keynesian Multiplier Revisited 7. Consumption Investment and Investment Multiplier Section Three: Towards a Re-interpretation of the Muliplier 8. Kalecki and the Multiplier 9. The Keynesian Multiplier: The Monetary Pre-Conditions and the Role of Banks as Defended by Richard Kahn's 1931 Paper. A Horizontalist Re-Interpetation 10. The Multiplier the Principle of Effective Demand and the Finance Motive: a coherent framework.
Introduction Section One: Some Views of the Multiplier 1. Three Views on the Multiplier 2. John Maurice Clark's Contribution to the Genesis of the Multiplier Analysis: A note with some related unpublished correspondence 3. The Material and Methodological Significance of the Supermultiplier Section Two: Critical Insights on the Multiplier 4. The Investment Multiplier and Income Savings 5. The Multiplier and the Principle of Reflux 6. The Demise of the Keynesian Multiplier Revisited 7. Consumption Investment and Investment Multiplier Section Three: Towards a Re-interpretation of the Muliplier 8. Kalecki and the Multiplier 9. The Keynesian Multiplier: The Monetary Pre-Conditions and the Role of Banks as Defended by Richard Kahn's 1931 Paper. A Horizontalist Re-Interpetation 10. The Multiplier the Principle of Effective Demand and the Finance Motive: a coherent framework.
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