Making sense of the aggregate demand-supply model
The central purpose of the paper is to highlight the logical inconsistency of the traditional Aggregate Demand Aggregate Supply model, and to the so-called Keynesian comparative static results derived from it, which leads to inconsistent results when applied to out of equilibrium situations. The rea...
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| Udgivet i: | Investigación Económica |
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| Principais autores: | , , |
| Format: | Artigo |
| Sprog: | Inglês |
| Udgivet: |
Universidad Nacional Autónoma de México
2003
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| Fag: | |
| Online adgang: | https://www.redalyc.org/articulo.oa?id=60124302 |
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