6533b7d3fe1ef96bd126102b
RESEARCH PRODUCT
John Maurice Clark's contribution to the genesis of the multiplier analysis: A note with some related unpublished correspondence
Luca Fioritosubject
Settore SECS-P/04 - Storia Del Pensiero EconomicoMultiplier Keynes Institutionalismdescription
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,
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2008-03-11 |