Technological Change and the Equilibrium Level of the National Income

Edward Ames and Allen R. Ferguson

The Quarterly Journal of Economics, 1948, vol. 62, issue 3, 441-458

Abstract: I. The problem: effects of a change in one of the Keynesian "given data," 441. — Basic concepts: the national income in wage-units, 442; the aggregate demand function, 443; the aggregate supply function, 446; the price structure, 446. — Conditions of equilibrium, 446. — II. The meaning of technological progress, 449. — III. Effects of technological change upon the volume of the national income, 453. — Significance of the findings, 455. — IV. Employment and welfare, 455.

Date: 1948
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.2307/1882840 (application/pdf)
Access to full text is restricted to subscribers.

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:oup:qjecon:v:62:y:1948:i:3:p:441-458.

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

The Quarterly Journal of Economics is currently edited by Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

More articles in The Quarterly Journal of Economics from President and Fellows of Harvard College
Bibliographic data for series maintained by Oxford University Press ().