The Stability of Growth Equilibrium

The Stability of Growth Equilibrium

Introduction, 206. — I. Statement of the problem, 209; growth equilibrium formulated, 210; the Solow case, 212. — II. Model A. Continuous full employment, the Wicksell case, 213. — III. Model B. Unemployment permitted, 219; the stabilizing effects of redistribution, 221; the stabilizing effect of ch...

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Veröffentlicht in:The Quarterly journal of economics 1960-05, Vol.74 (2), p.206-226
1. Verfasser: Hahn, F. H.
Format: Artikel
Sprache:eng
Schlagworte:
Capital investments
Capital output ratio
Employment
Full employment
Interest rates
Investment income
Marginal product of labor
Marginal products
Rates of change
Real wages
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Zusammenfassung:Introduction, 206. — I. Statement of the problem, 209; growth equilibrium formulated, 210; the Solow case, 212. — II. Model A. Continuous full employment, the Wicksell case, 213. — III. Model B. Unemployment permitted, 219; the stabilizing effects of redistribution, 221; the stabilizing effect of changing money wages and changing interest rates, 223. — IV. Model C. The Keynesian assumptions, 224.
ISSN:0033-5533
1531-4650
DOI:10.2307/1884251