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Chapter
The savings-investment mechanism during a cumulative process.
DOI link for The savings-investment mechanism during a cumulative process.
The savings-investment mechanism during a cumulative process. book
The savings-investment mechanism during a cumulative process.
DOI link for The savings-investment mechanism during a cumulative process.
The savings-investment mechanism during a cumulative process. book
ByBjörn A. Hansson
BookThe Stockholm School and the Development of Dynamic Method
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Edition 1st Edition
First Published 1982
Imprint Routledge
Pages 17
eBook ISBN 9781315386621
ABSTRACT
We will first look at the role of an increase in savings in Myrdal's analysis, which, as in Lindahl's and Keynes' analyses, has a direct effect on the demand for consumption goods. Then there follows an analysis of Myrdal's equilibrating mechanism and its similarities with Keynes' principle of effective demand.