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Persistent link: https://www.econbiz.de/10012926370
F. Modigliani presented a special case of Keynes's General Theory result in 1944 in his “Liquidity Preference and the … Keynes's chapter 15 IS-LM model with microeconomic foundations in the theory of the firm that included a production function … and labor market. Modigliani overlooked the fact that Keynes had already done exactly that in his chapters 20 and 21 of …
Persistent link: https://www.econbiz.de/10012951951
J M Keynes engaged in correspondence over the IS-LM model contained in chapter 15 of the General Theory with R. Harrod … and J Hicks in 1937. Keynes had no major objections. How could he? How could Keynes object to interpretations concerning … his own model of IS LM in the General Theory, as laid out by Keynes explicitly in chapter 15 of the General Theory …
Persistent link: https://www.econbiz.de/10012955766
Persistent link: https://www.econbiz.de/10012957423
J M Keynes had already completely developed the technical, mathematical and logical framework of analysis for the … age of 22. However, Keynes did not have the time or inclination to actually publish a full-blown academic article giving a … completely worked out application of the theory of the multiplier in the EJ. Keynes delegated this task to Kahn. Kent (2007 …
Persistent link: https://www.econbiz.de/10012907306
Dennis Robertson had no understanding of how J M Keynes's Multiplier concept was based on the use of differential … concluded that Robertson's criticisms of Keynes's instantaneous, theoretical multiplier concept discussions on pages 122-123 of … the General Theory were sound.D. Robertson ‘s confused attempts at critiquing Keynes's concepts of the logical theory of …
Persistent link: https://www.econbiz.de/10012909554