The Keynesian Multiplier

The Keynesian Multiplier
Author :
Publisher : Routledge
Total Pages : 398
Release :
ISBN-10 : 9781134361939
ISBN-13 : 1134361939
Rating : 4/5 (39 Downloads)

Book Synopsis The Keynesian Multiplier by : Claude Gnos

Download or read book The Keynesian Multiplier written by Claude Gnos and published by Routledge. This book was released on 2008-05-25 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: The multiplier is a central concept in Keynesian and post-Keynesian economics. It is largely what justifies activist full-employment fiscal policy: an increase in fiscal expenditures contributing to multiple rounds of spending, thereby financing itself. Yet, while a copingstone of post-Keynesian theory, it is not universally accepted by


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