Explaining persistent cycles in a short-run context: firms' propensity to invest and omnipotent shareholders
In this paper, a standard short-run Kaleckian macromodel is developed. The stability of equilibrium is studied and some comparative static exercises are made. The paper then takes into account different specifications for an endogenous propensity to invest and systematically analyze the short-run dy...
| Veröffentlicht in: | Journal of Post Keynesian Economics. - Taylor & Francis, Ltd.. - 32(2010), 3, Seite 409-425 |
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| Format: | Online-Aufsatz |
| Sprache: | English |
| Veröffentlicht: |
2010
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| Zugriff auf das übergeordnete Werk: | Journal of Post Keynesian Economics |
| Schlagworte: | Economics Business Behavioral sciences |
| Online verfügbar |
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