Are keynesian ideas applicable to the long run? Some theoretical reflections and an illustrative model
This paper presents a model intended to show that the most important Keynesian idea, the principle of effective demand, cannot be only applied to short terms, in which some prices are fixed or sticky; but also to long terms where prices are perfectly flexible and empty the market, firms increase the...
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Formato: | Revistas |
Lenguaje: | Español |
Publicado: |
Universidad de Cartagena
2015
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Acceso en línea: | https://revistas.unicartagena.edu.co/index.php/panoramaeconomico/article/view/1380 |