What is very often overlooked in the literature is that the Harrod’s Post- Keynesian growth model is more to do with the problem of instability in a market economy which is caused by the role of expectations of the investors. The neoclassical model of growth due to Solow achieves stability not due to its assumption of smooth twice differentiable production function but assuming away the role of uncertainty
We tackle the issue of the possible instability of the Kaleckian distribution and growth model and t...
The standard interpretation of Harrod' s economics dynamics heavily dependent on the so-called "Harr...
In Keynes' General Theory, investment determines effective demand, which determines unemployment and...
Standard Keynesian theory argues that in the short run an increase in exogenous demand (investment, ...
The closed systems nature of neoclassical models of economic growth – guaranteeing automatic equalit...
After Harrod and Domar independently developed a dynamic Keynesian circular flow model to illustrate...
GREDEG Working PaperEarly developments of growth theory are seen widely as the result of a two-step ...
Harrod's contribution to economic dynamics is very often reduced to the dynamic equation whose chara...
The object of the paper is to offer further considerations on the nature and usefulness of Harrod’s ...
The Harrod-Domar growth model is extended in a way that introduces the possibility of persistent exc...
International audienceEarly developments of growth theory are seen widely as the result of a two-ste...
This paper compares Kaleckian and Harrodian models of accumulation. The simplicity of the canonical ...
International audienceInstability of the warranted growth path, an important property for business c...
A common belief in economic growth theory is that the instability of the balanced growth path of mod...
A common belief in economic growth theory is that the instability of the balanced growth path of mod...
We tackle the issue of the possible instability of the Kaleckian distribution and growth model and t...
The standard interpretation of Harrod' s economics dynamics heavily dependent on the so-called "Harr...
In Keynes' General Theory, investment determines effective demand, which determines unemployment and...
Standard Keynesian theory argues that in the short run an increase in exogenous demand (investment, ...
The closed systems nature of neoclassical models of economic growth – guaranteeing automatic equalit...
After Harrod and Domar independently developed a dynamic Keynesian circular flow model to illustrate...
GREDEG Working PaperEarly developments of growth theory are seen widely as the result of a two-step ...
Harrod's contribution to economic dynamics is very often reduced to the dynamic equation whose chara...
The object of the paper is to offer further considerations on the nature and usefulness of Harrod’s ...
The Harrod-Domar growth model is extended in a way that introduces the possibility of persistent exc...
International audienceEarly developments of growth theory are seen widely as the result of a two-ste...
This paper compares Kaleckian and Harrodian models of accumulation. The simplicity of the canonical ...
International audienceInstability of the warranted growth path, an important property for business c...
A common belief in economic growth theory is that the instability of the balanced growth path of mod...
A common belief in economic growth theory is that the instability of the balanced growth path of mod...
We tackle the issue of the possible instability of the Kaleckian distribution and growth model and t...
The standard interpretation of Harrod' s economics dynamics heavily dependent on the so-called "Harr...
In Keynes' General Theory, investment determines effective demand, which determines unemployment and...