Effective Demand in the Short and in the Long Run

Josef Steindl

PSL Quarterly Review, 2012, vol. 65, issue 261, 189-197

Abstract: In the context of the special issue on Joseph Steindl we publish an original manuscript by the same author, containing a paper he presented at the 1990 edition of the “International Summer School for Advanced Economic Studies†(the Trieste School). The manuscript, written in July of 1990, deals with the short and long-run financing of effective demand, and its consequences on the distribution of income and the sustainability of debt and of economic growth, and contains several insights still very relevant today.

Keywords: effective demand; long run; public debt; distribution of income; finance (search for similar items in EconPapers)
JEL-codes: B50 E11 E12 H63 (search for similar items in EconPapers)
Date: 2012
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