Artificial wicksell—keynes macroeconomy, an: integrating business cycle and cumulative process
Auteur :
Takahashi, Ichiro
Éditeur :
Springer Verlag, Singapore
ISBN :
9789811668418
Date de publication :
9 mars 2023
Dimensions :
23,5 x 15,5 cm
Langue :
Anglais
Pays d'origine :
Singapour
While a production sector is represented by a single firm in a conventional model, this model has introduced a large number of heterogeneous firms that confront diverse constraints both at the firm and aggregate levels. This could result in an increased aggregate demand and benefit other firms with further employment.