The Keynesian Multiplier (eBook, ePUB)

Redaktion: Gnos, Claude; Rochon, Louis-Philippe

• Format: ePub

Produktbeschreibung

The multiplier is a central concept in Keynesian and post-Keynesian economics. It is largely what justifies activist full-employment fiscal policy: an increase in fiscal expenditures contributing to multiple rounds of spending, thereby financing itself. Yet, while a copingstone of post-Keynesian theory, it is not universally accepted by

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Produktdetails

• Verlag: Taylor & Francis
• Seitenzahl: 224
• Erscheinungstermin: 25. Mai 2008
• Englisch
• ISBN-13: 9781134361939
• Artikelnr.: 38253647

Autorenporträt

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.