Autonomous Demand and the Harrodian Criticisms of the Kaleckian Model

Peter Skott

doi:10.1111/meca.12150

Autonomous Demand and the Harrodian Criticisms of the Kaleckian Model

Peter Skott^*

^*Corresponding author for this work

MaMTEP Macroeconomic Methodology, Theory and Economic Policy

Research output: Contribution to journal › Journal article › Research › peer-review

34 Citations (Scopus)

Abstract

Lavoie () introduces autonomous demand in a defense of the (post-) Kaleckian analysis against classical and Harrodian criticisms. This note corrects some errors in Lavoie's analysis, questions the stabilizing potential of autonomous demand, and points out some differences between the two variants of Lavoie's ‘neo-Kaleckian’ model.

Original language	English
Journal	Metroeconomica
Volume	68
Issue number	1
Pages (from-to)	185-193
Number of pages	9
ISSN	0026-1386
DOIs	https://doi.org/10.1111/meca.12150
Publication status	Published - 1 Feb 2017

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title = "Autonomous Demand and the Harrodian Criticisms of the Kaleckian Model",

abstract = "Lavoie () introduces autonomous demand in a defense of the (post-) Kaleckian analysis against classical and Harrodian criticisms. This note corrects some errors in Lavoie's analysis, questions the stabilizing potential of autonomous demand, and points out some differences between the two variants of Lavoie's {\textquoteleft}neo-Kaleckian{\textquoteright} model.",

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AB - Lavoie () introduces autonomous demand in a defense of the (post-) Kaleckian analysis against classical and Harrodian criticisms. This note corrects some errors in Lavoie's analysis, questions the stabilizing potential of autonomous demand, and points out some differences between the two variants of Lavoie's ‘neo-Kaleckian’ model.

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Autonomous Demand and the Harrodian Criticisms of the Kaleckian Model

Abstract

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