Aggregate demand policy in the long run

Peter Skott

doi:10.4324/9780203467473-20

Aggregate demand policy in the long run

Peter Skott^*

^*Kontaktforfatter

Macroeconomic Methodology, Theory and Economic Policy

Publikation: Bidrag til bog/antologi/rapport/konference proceeding › Bidrag til bog/antologi › Forskning › peer review

3 Citationer (Scopus)

Abstract

The principle of effective demand is at the center of Keynes’s theory. For all the developments, extensions and, in some cases, outright distortions of Keynes’s ideas, most ‘Keynesians’ still view the level of aggregate demand as a critical and independent determinant of economic activity in the short run. When it comes to the long run, however, positions differ.

Originalsprog	Engelsk
Titel	Money, Macroeconomics and Keynes : Essays in Honour of Victoria Chick, Volume One
Antal sider	16
Forlag	CRC Press/Balkema
Publikationsdato	1 jan. 2013
Sider	124-139
ISBN (Trykt)	041523218X, 9780415868150
ISBN (Elektronisk)	9781134573066
DOI	https://doi.org/10.4324/9780203467473-20
Status	Udgivet - 1 jan. 2013

Bibliografisk note

Publisher Copyright:
© 2002 selection and editorial matter, Philip Arestis, Meghnad Desai and Sheila Dow; the individual chapters, the individual contributors.

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10.4324/9780203467473-20

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Aggregate demand policy in the long run

Abstract

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