The Keynesian multiplier effect is reinterpreted and several issues that may have misled assessments of the effect of … multiplier effect ; public works ; unemployment benefits ; national income accounting …

We propose a microeconomic foundation of the multiplier effect and that of the consumption function using a dynamic … demand through a multiplier-like process but that the implication is quite different. It works through not an increase in … consumption function ; multiplier effect ; Keynesian Cross ; persistent unemployment ; aggregate demand …

This paper explores the Marxian genetic root of the multiplier in order to clarify its foundations and validity …-Keynes multiplier …

returns on equity, conditional on observable consumption, suggest the Puzzle of the Keynes' Consumption Multiplier …

.Kahn's employment multiplier, k, is not a basic or major theoretical contribution to the General Theory. Keynes's discussion of the … completely worked out application of the theory of the multiplier in the EJ. Keynes delegated this task to Kahn. Kent (2007 …) demonstrated that in May 1929, Keynes had applied his logical theory of the multiplier in preparation for a speech in which he …

Keynes had completely developed the Logical Theory of the Multiplier in his A Treatise on Probability in 1921 in … Theory of the Multiplier where one would use arithmetic to actually calculate a worked out example of the process. As pointed … problem, which would be based on the Logical Theory of the Multiplier that he had already worked out in 1908 and 1921, to Kahn …