The Structure of Keynesian Macrodynamics : A Framework for Future Research

This paper integrates a number of traditional but partial insights of Keynesian macrotheory into a consistent whole, with all budget restrictions of all sectors carefully specified, a complete set of stock-flow interactions and the construction of a unique interior steady state. We provide detailed representations of the many feedback chains and their interaction that are present in the model. The paper provides proper foundations of a detailed analysis of the important macroeconomi features that characterize modern large economies

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Year of publication:	[2006]
Authors:	Chiarella, Carl
Other Persons:	Flaschel, Peter (contributor) ; Zhu, Peiyuan (contributor)
Publisher:	[2006]: [S.l.] : SSRN
Subject:	Keynesianismus \| Keynesian economics \| Theorie \| Theory

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