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Effective Demand in the Short and in the Long Run

Author

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  • Josef Steindl

Abstract

In the context of the special issue on Joseph Steindl we publish an original manuscript by the same author, containing a paper he presented at the 1990 edition of the “International Summer School for Advanced Economic Studies†(the Trieste School). The manuscript, written in July of 1990, deals with the short and long-run financing of effective demand, and its consequences on the distribution of income and the sustainability of debt and of economic growth, and contains several insights still very relevant today.

Suggested Citation

  • Josef Steindl, 2012. "Effective Demand in the Short and in the Long Run," PSL Quarterly Review, Economia civile, vol. 65(261), pages 189-197.
  • Handle: RePEc:psl:pslqrr:2012:26
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    File URL: http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10098/9987
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    Keywords

    effective demand; long run; public debt; distribution of income; finance;

    JEL classification:

    • E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian
    • B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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