EconPapers    
Economics at your fingertips  
 

Imperfect Competition and the Keynesian Cross

N. Gregory Mankiw ()

No 2386, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper presents a simple general equilibrium model in which the only non-Walrasian feature is imperfect competition in the goods market. The model is shown to exhibit various Keynesian characteristics. In particular, as competition in the goods market becomes less perfect, the fiscal policy multipliers approach the values implied by the textbook Keynesian cross.

Date: 1987-09
Note: EFG
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Published as Economics Letters, Vol. 26, no. 1 (1988): 7-13.

Downloads: (external link)
http://www.nber.org/papers/w2386.pdf (application/pdf)

Related works:
Journal Article: Imperfect competition and the Keynesian cross (1988) Downloads
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:nbr:nberwo:2386

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w2386

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().

 
Page updated 2019-03-31
Handle: RePEc:nbr:nberwo:2386