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The Stability of Growth Equilibrium

Frank Hahn

The Quarterly Journal of Economics, 1960, vol. 74, issue 2, 206-226

Abstract: Introduction, 206. — I. Statement of the problem, 209; growth equilibrium formulated, 210; the Solow case, 212. — II. Model A. Continuous full employment, the Wicksell case, 213. — III. Model B. Unemployment permitted, 219; the stabilizing effects of redistribution, 221; the stabilizing effect of changing money wages and changing interest rates, 223. — IV. Model C. The Keynesian assumptions, 224.

Date: 1960
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The Quarterly Journal of Economics is currently edited by Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

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