Mr. Meade's Relation, Kahn's Multiplier and the Chronology of the General Theory

Robert Dimand

Economic Journal, 1994, vol. 104, issue 426, 1139-42

Abstract: Don Patinkin (1993) and James Meade (1993) explore the relationship among Kahn's multiplier, 'Mr. Meade's Relation,' and Keynes's theory of effective demand but do not quote Mr. Meade's Relation as it appeared in R. F. Kahn (1931). This note shows that the 1931 version of Mr. Meade's Relation did not include a personal saving propensity. Instead it included other leakages not in the 1993 version. Attention is drawn to derivation of a finite multiplier using the marginal propensity to save by Meade (1933) and by Ralph Hawtrey (1932). Copyright 1994 by Royal Economic Society.

Date: 1994
References: Add references at CitEc
Citations:

Downloads: (external link)
http://links.jstor.org/sici?sici=0013-0133%2819940 ... 0.CO%3B2-0&origin=bc full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ecj:econjl:v:104:y:1994:i:426:p:1139-42

Ordering information: This journal article can be ordered from
http://www.blackwell ... al.asp?ref=0013-0133

Access Statistics for this article

Economic Journal is currently edited by Martin Cripps, Steve Machin, Woulter den Haan, Andrea Galeotti, Rachel Griffith and Frederic Vermeulen

More articles in Economic Journal from Royal Economic Society Contact information at EDIRC.
Bibliographic data for series maintained by Wiley-Blackwell Digital Licensing () and Christopher F. Baum ().