Keynes and Keynesians on Investment Decision-making A Behavioural Perspective

Jerry Courvisanos

History of Economics Review, 1996, vol. 25, issue 1, 160-171

Abstract: …Keynes’s theory determines only the ex post level of investment, but that it does not say anything about ex ante investment...Keynes did not explain precisely what causes changes in investment, but, on the other hand, he has fully examined the close link between these changes and global employment, production and income movements. (Kalecki 1982, 251, 253)

Date: 1996
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DOI: 10.1080/10370196.1996.11733226

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