Keynes and Long-Period Positions

Mario Sebastiani

Chapter 6 in The Notion of Equilibrium in the Keynesian Theory, 1992, pp 61-73 from Palgrave Macmillan

Abstract: Abstract This chapter attempts to evaluate the validity and the relevance of the interpretation of Keynes’s equilibria as long-period positions, that is to say, as situations of a full adjustment to forces deemed fundamental, systematic and dominant.

Keywords: Capital Stock; Capital Good; Traditional Theory; Monetary Authority; Full Adjustment (search for similar items in EconPapers)
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-22086-1_6

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DOI: 10.1007/978-1-349-22086-1_6

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