General Survey

Roy Harrod

Chapter 10 in Economic Dynamics, 1973, pp 167-191 from Palgrave Macmillan

Abstract: Abstract The centrepiece of this attempt to formulate some axioms that would be basic in a general theory of economic dynamics consists of the group of three eqations as follows: G = s C ; G w = s d C r ; G n = s σ C r ( o r s σ = G n C r ) . $$G = \frac{s}{C};{G_w} = \frac{{^sd}}{{{C_r}}};{G_n} = \frac{{^s\sigma }}{{{C_r}}}\left( {or {s_\sigma } = {G_n}{C_r}} \right).$$

Keywords: Monetary Policy; Central Bank; Fiscal Policy; Money Supply; Economic Dynamic (search for similar items in EconPapers)
Date: 1973
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DOI: 10.1007/978-1-349-01696-9_10

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