Some Comments on the Three Versions of Kalecki’s Theory of the Trade Cycle

Josef Steindl

Chapter 11 in Economic Papers 1941–88, 1990, pp 139-148 from Palgrave Macmillan

Abstract: Abstract 1. Kalecki has given us three versions of his theory of the trade cycle, dating respectively from 1933 (Kalecki, 1935, 1937), from 1943 (Kalecki, 1954) and from 1968. The difference between these versions almost entirely concerns the investment function (the equation explaining investment or investment decisions).

Keywords: Trade Cycle; Capital Stock; Investment Decision; Total Profit; Investment Good (search for similar items in EconPapers)
Date: 1990
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DOI: 10.1007/978-1-349-20821-0_11

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