The Keynesian Multiplier - Couverture souple

Livre 73 sur 375: Routledge Frontiers of Political Economy
 
9780415569569: The Keynesian Multiplier

Synopsis

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, it is not universally accepted by all post-Keynesians, for reasons vastly different than the mainstream.
This book explores both the pros and cons of the multiplier from a strictly post-Keynesian - and Kaleckian - approach. Anchored within the tradition of endogenous money, this book offers a lively discussion from a number of well-known post-Keynesians from a variety of perspectives: history of thought, theory and economic policy. The book starts by analysing the historical foundations of the Keynesian Multiplier and it's treatment throughout the history of economic thought. Moving through a critical debate about the limits of the multiplier, the contributions finish by offering cutting edge new views on this fascinating concept.

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À propos de l?auteur

Louis-Philippe Rochon is Associate Professor of Economics at Laurentian University, Ontario, Canada. Claude Gnos is Associate Professor and Director of the Centre for Monetary and Financial Studies at the University of Burgundy, Dijon, in France.

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Autres éditions populaires du même titre

9780415320139: The Keynesian Multiplier

Edition présentée

ISBN 10 :  0415320135 ISBN 13 :  9780415320139
Editeur : Routledge, 2008
Couverture rigide