IDEAS home Printed from
   My bibliography  Save this article

The Kaleckian Origins of the Keynesian Model


  • Chapple, Simon


There has been a long debate considering whether the Keynesian model was simultaneously discovered. However, due to language barriers, not all relevant evidence has been available to English-speaking scholars. Examining M. Kalecki's article 'Three Systems,' recently translated from Polish, it is shown that he independently discovered and published a simple short-period general equilibrium model of interactions between goods and money markets and aggregate supply which, under conditions of a determined money wage, could lead to quasi-equilibrium unemployment. In short, new evidence shows that Kalecki simultaneously and independently discovered the Keynesian model. Copyright 1995 by Royal Economic Society.

Suggested Citation

  • Chapple, Simon, 1995. "The Kaleckian Origins of the Keynesian Model," Oxford Economic Papers, Oxford University Press, vol. 47(3), pages 525-537, July.
  • Handle: RePEc:oup:oxecpp:v:47:y:1995:i:3:p:525-37

    Download full text from publisher

    File URL:
    File Function: full text
    Download Restriction: Access to full text is restricted to JSTOR subscribers. See for details.

    As the access to this document is restricted, you may want to search for a different version of it.


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. repec:hal:journl:dumas-00802131 is not listed on IDEAS
    2. Michaël Assous, 2006. "Kalecki était-il keynésien avant Keynes ?," Revue économique, Presses de Sciences-Po, vol. 57(2), pages 165-183.

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:oxecpp:v:47:y:1995:i:3:p:525-37. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.