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Application Of Mean Propensity To Consumption And Interest Rate Of Keynes Theory And The Application Of Cobb-Douglas Model And Solow Theory In The Greek Rural Economy

Listed author(s):
  • Eleftherios Giovanis

    (Chamber of Commerce of Serres in Greece)

In this project we aren’t trying to make a criticism in the theory and the indications of Solow and Keynes. And so correctly as Keynes comments very equitably... 'Moreover, the characteristics of special case, which the classic theory was accepting , happened to be not those of economy in which we really live, the result is in teaching of classic theory of being misleading and disastrous if we try to apply it in the facts of the daily experience'.

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Paper provided by EconWPA in its series Econometrics with number 0511012.

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Length: 16 pages
Date of creation: 09 Nov 2005
Handle: RePEc:wpa:wuwpem:0511012
Note: Type of Document - doc; pages: 16
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