Michal Kalecky ant the theory of effective demand
Julio López G. ()
Brazilian Journal of Political Economy, 1986, vol. 6, issue 3, 394-405
Abstract:
The purpose of this essay is the presentation of a general view of the theory ofthe functioning and dynamics of advanced capitalism of Kalecki. After analyzing the generalrelationship between effective demand and the levels of economic activity and employment,the author studies the logic of Kalecki’s cyclical model of growth. Along with the presentationof Kalecki’s ideas, the author takes issue with some criticisms of the theory of effectivedemand. JEL Classification: E11; B24; O40.
Keywords: Kalecki; effective demand; economic growth; history of economic thought (search for similar items in EconPapers)
Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:ekm:repojs:v:6:y:1986:i:3:p:394-405:id:1808
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