Extirpating Error Contamination Concerning the Post-Keynesian Anti-Pasinetti Equilibrium; On the Neo-Keynesian Interpretation of the Anti-Pasinetti Theory; The Pasinetti and Anti-Pasinetti Theorems; A Reply
An error is identified in Baranzini's (1975) "reconciliation" between the Pasinetti and the anti-Pasinetti theorems. Then, a rewrite of the Baranzini equations is presented, purged of errors and with nonoptimal nuances reformulated. In a comment, Miyazaki notes that the incorrect disc...
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| Veröffentlicht in: | Oxford economic papers 1991-04, Vol.43 (2), p.177 |
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| creator | Samuelson, Paul A Miyazaki, Koichi Baranzini, Mauro |
| description | An error is identified in Baranzini's (1975) "reconciliation" between the Pasinetti and the anti-Pasinetti theorems. Then, a rewrite of the Baranzini equations is presented, purged of errors and with nonoptimal nuances reformulated. In a comment, Miyazaki notes that the incorrect discussion of Baranzini is still regarded to be accurate, and it has led to serious confusion about what can be said in the anti-Pasinetti case. He makes an attempt to point out and amend the incorrect discussion. In a reply, Baranzini stresses the validity of the formulation of his 2 theorems as roots of a single quadratic equation and reconsiders the main issue by focusing on the rates of growth of the 2 capital stocks. |
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| fulltext | fulltext |
| identifier | ISSN: 0030-7653 |
| ispartof | Oxford economic papers, 1991-04, Vol.43 (2), p.177 |
| issn | 0030-7653 1464-3812 |
| language | eng |
| recordid | cdi_proquest_journals_199824013 |
| source | Oxford University Press Journals Digital Archive Legacy; JSTOR Archive Collection A-Z Listing |
| subjects | Capital stock Critiques Economic growth Economic models Growth rate Keynesian theory Market equilibrium Studies |
| title | Extirpating Error Contamination Concerning the Post-Keynesian Anti-Pasinetti Equilibrium; On the Neo-Keynesian Interpretation of the Anti-Pasinetti Theory; The Pasinetti and Anti-Pasinetti Theorems; A Reply |
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