John Maurice Clark's contribution to the genesis of the multiplier analysis: A note with some related unpublished correspondence

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Abstract

The multiplier is a central concept in Keynesian and post-Keynesian economics. It is largely what justifies activist full-employment fiscal policy: an increase in fiscal expenditures contributing to multiple rounds of spending, thereby financing itself. Yet, while a copingstone of post-Keynesian theory,
Lingua originaleEnglish
Titolo della pubblicazione ospiteThe Keynesian Multiplier
Pagine32-57
Numero di pagine25
Stato di pubblicazionePublished - 2008

Serie di pubblicazioni

NomeROUTLEDGE FRONTIERS OF POLITICAL ECONOMY

All Science Journal Classification (ASJC) codes

  • ???subjectarea.asjc.1400.1400???
  • ???subjectarea.asjc.2000.2000???

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