Mathematical Analysis of the Paradigm Shift

Kaoru Yamaguchi () and Yokei Yamaguchi ()
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Kaoru Yamaguchi: Japan Futures Research Center
Yokei Yamaguchi: Japan Futures Research Center

Chapter Chapter 8 in Public Money, 2024, pp 151-237 from Springer

Abstract: Abstract first devised by Hicks (1937) based on his interpretation of the General Theory (Keynes, 1936), has played a central role in the history of economic thoughts. Even today, it is arguably the most popular model taught in undergraduate macroeconomic courses as a comparative statics method.

Date: 2024
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DOI: 10.1007/978-981-97-6564-5_8

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