International Debts and Deficits: A Kaldor-Pasinetti Model

H. Gram

Chapter 26 in Nicholas Kaldor and Mainstream Economics, 1991, pp 469-482 from Palgrave Macmillan

Abstract: Abstract Three solutions have been proposed to the problem of reconciling Harrod’s ‘warranted’ rate of growth with the ‘natural’ rate of growth of the effective labor force so as to maintain full employment in long period equilibrium.1

Keywords: Interest Rate; Home Country; Trade Balance; Interest Payment; Foreign Asset (search for similar items in EconPapers)
Date: 1991
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DOI: 10.1007/978-1-349-10947-0_26

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