Dimand on the Corridor of Stability
This chapter draws on the debt-deflation process of Fisher (1933 ) as well as on Keynes (1936 , chapter 19) and Tobin (1975 , 1980 ) to explore the concept of a corridor of stability, where an economy will be self-adjusting only for demand shocks small enough to leave it within that corridor. Copyright 2005 American Journal of Economics and Sociology, Inc..
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 64 (2005)
Issue (Month): 1 (01)
|Contact details of provider:|| Web page: http://www.blackwellpublishing.com/journal.asp?ref=0002-9246|
|Order Information:||Web: http://www.blackwellpublishing.com/subs.asp?ref=0002-9246|