The Keynesian Multiplier
Download or Read eBook The Keynesian Multiplier PDF written by Claude Gnos and published by Routledge. This book was released on 2008-05-25 with total page 398 pages. Available in PDF, EPUB and Kindle.
| Author | : Claude Gnos |
| Publisher | : Routledge |
| Total Pages | : 398 |
| Release | : 2008-05-25 |
| ISBN-10 | : 9781134361939 |
| ISBN-13 | : 1134361939 |
| Rating | : 4/5 (39 Downloads) |
Book Synopsis The Keynesian Multiplier by : Claude Gnos
Book excerpt: The multiplier is a central concept in Keynesian and post-Keynesian economics. It is largely what justifies activist full-employment fiscal policy: an increase in fiscal expenditures contributing to multiple rounds of spending, thereby financing itself. Yet, while a copingstone of post-Keynesian theory, it is not universally accepted by
