Modelling Economic Development: an Evolutionary-Keynesian Approach
AbstractThis paper explains why mainstream equilibrium analysis is an unsuitable framework for explaining economic development. The authors present another approach. They apply it in the form of explanations of the two episodes of the post WWII era, golden age and what they refer to as the age of decline.
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Bibliographic InfoPaper provided by Dalhousie, Department of Economics in its series Department of Economics at Dalhousie University working papers archive with number 98-07.
Length: 44 pages
Date of creation: 1998
Date of revision:
ECONOMIC MODELS ; ECONOMIC DEVELOPMENT ; MACROECONOMICS;
Find related papers by JEL classification:
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
- E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
- O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
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