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Growth Theory for a Monetary Production Economy

Solows' growth theory addresses two questions: (a) how does the economy grow in to a stationary state equilibrium and (b) what will happen, if the growth of external factors induces a growth process. Both questions can be addressed in a Keynesian context too – although they are answered rather differently, as here demand and not some factor endowment is the restrictive factor. A model is presented, which integrates the multiplier of the General Theory and the reasoning of the Treatise to obtain a growth theory.

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In Series:
Hochschulschriften Standort Meschede
Vol. 6/2015, No. 10 (2015), 30 Pages
Date Issued:
2015
DOI:
10.48499/FHSWF.ME.IW.9
e-ISBN:
978-3-940956-49-1
ISBN:
978-3-940956-48-4
ZDB-ID:
2946911-9
ISSN:
1866-0339
ISSN:
1866-0320
Language:
English
Type of Resource:
Text
Extent:
30 S.
Place Term:
Iserlohn
Place of Origin:
Meschede
Publisher:
Fachhochschule Südwestfalen
Keywords:
  1. Wirtschaftswachstum
    Typ
    Schlagwort
  2. Keynessche Theorie
    Typ
    Schlagwort
DDC subject of DNB:
330 Economics
Classification:
first publication
Classification:
Nein
Hosting institution:
Standort Meschede, Fachbereich Ingenieur- und Wirtschaftswissenschaften
bibliography:
Hochschulbibliografie der Fachhochschule Südwestfalen

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