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On J M Keynes's Correspondence about His General Theory IS-LM Model with Harrod and Hicks on Their Interpretations of His IS-LM Model : Keynes Had No Major Objections Because IS-LM...
Brady, Michael Emmett - 2017
J M Keynes engaged in correspondence over the IS-LM model contained in chapter 15 of the General Theory with R. Harrod … his own model of IS LM in the General Theory, as laid out by Keynes explicitly in chapter 15 of the General Theory … by Keynes within the broader framework of his Theory of Effective Demand, presented in the General Theory in chapters 3 …
Persistent link: https://www.econbiz.de/10012955766
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How J M Keynes Presented the Technical Analysis of His IS and LM Curves in the General Theory in 1936 : Why D. Champernowne Got It Right in 1936 and Hicks (Harrod, Meade, Lange) Go...
Brady, Michael Emmett - 2017
Keynes carefully, clearly and cogently derived his IS and LM curves in the General Theory. They are practically … chapter 26 of the A Treatise on Probability, and the General Theory. Champernowne, faithfully following the lectures of Keynes …
Persistent link: https://www.econbiz.de/10012958071
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J M Keynes, Not R Kahn, Created and Developed the Logical Theory of the Multiplier in the General Theory in 1936 Based on His a Treatise on Probability Exposition in 1921 : Kahn’s...
Brady, Michael Emmett - 2018
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 … in his application of the mathematical theory of the multiplier. Keynes privately showed Kahn sometime between May 1929 …
Persistent link: https://www.econbiz.de/10012907306
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Kahn’s Mathematical Style, in His June, 1931 Multiplier Article in the Economic Journal, Is Identical to Keynes’ Style of Presenting Mathematical Results Starting in 1921 in the A...
Brady, Michael Emmett - 2018
The manner in which R. Kahn presented his mathematical results on the multiplier in the Economic Journal of June, 1931, is identical to the style of presenting mathematical results used by Keynes to present his mathematical analysis starting with the A Treatise on Probability in 1921. Keynes's...
Persistent link: https://www.econbiz.de/10012907803
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On Keynes’s Formal Development of the Logical Theory of the Multiplier in the A Treatise on Probability in 1921 : It Was Keynes Who Helped Kahn, Not Kahn Who Helped Keynes
Brady, Michael Emmett - 2018
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 …
Persistent link: https://www.econbiz.de/10012907805