Variations of Richard Goodwin's graphical model for explaining the rudiments of Keynes's real/monetary cycle theory are …

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 …

The main objective of this paper is to analyse the effects of international trade on employment, focusing particularly … basic structure of analysis. It is shown that technological progress affects employment levels through the Kaldor … affect employment levels, supporting heterodox views regarding trade openness. …