expectations, without putting the guarantee to test. This paper presents a detailed treatment of Domar's stabilization plan in the …Evsey Domar put forward in a couple of articles in the 1940s a "guaranteed income growth proposal." For the first time … in macroeconomics, economic policy was supposed to work merely through the impact of its announcement on expectations. He …

expectations, without putting the guarantee to test. This paper presents a detailed treatment of Domar's stabilization plan in the …Evsey Domar put forward in a couple of articles in the 1940s a "guaranteed income growth proposal." For the first time … in macroeconomics, economic policy was supposed to work merely through the impact of its announcement on expectations. He …

The paper investigates Evsey's Domar's introduction of the rate of growth as a variable in economics in the 1940s and … 1950s . Domar investigated the nature of what he called the "moving equilibrium" of ec onomic processes with infinite … duration. Reactions to Domar' s approach at the time brought about methodological assertions on the distinction between models …