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Persistent link: https://www.econbiz.de/10011888305
problem. This paper shows how the knife-edge problem can be resolved via a Kaldor - Hicks technological progress function. The …
Persistent link: https://www.econbiz.de/10011891349
This paper links the super-multiplier to Keynesian macroeconomics, showing it to be the most Keynesian of growth perspectives. Next, the paper shows that the super-multiplier is a micro-economically coherent theory of investment and capital accumulation. Firms' decisions regarding capital...
Persistent link: https://www.econbiz.de/10012154136
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problem. This paper shows how the knife-edge problem can be resolved via a Kaldor - Hicks technological progress function. The …
Persistent link: https://www.econbiz.de/10011926923
This paper links the super-multiplier to Keynesian macroeconomics, showing it to be the most Keynesian of growth perspectives. Next, the paper shows that the super-multiplier is a micro-economically coherent theory of investment and capital accumulation. Firms' decisions regarding capital...
Persistent link: https://www.econbiz.de/10011927111