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Persistent link: https://www.econbiz.de/10005293032
A geometric model of an economy with a perfectly competitive goods market based on chapters three and five of Keynes's Genera l Theory is developed. Short-run equilibrium, as well as disequilibri um dynamics, using a market period equilibrium concept, are examined. The model is compared to other...
Persistent link: https://www.econbiz.de/10005128341