Disequilibrium goods market model for the U.S.A.: a disaggregated approach.
An approach known as smoothing by aggregation is paired with data for the period 1946-91 to show that the aggregate U.S. goods market is a disequilibrium market. Therefore, the Keynesian, rather than the new classical equilibrium framework, is more appropriate for analyzing the market. It is also...
| Publicado en: | Southern Economic Journal Vol. 61; pp. 415 - 426 |
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| Formato: | Artículo |
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Southern Economic Association
October 1994
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| Acceso en línea: | Ver este registro en EBSCOhost |