Philippine Standard time

A Simple Model of Economic Growth and Fluctuations

UPSE DP 1980-02
1980

This paper considers a simple Keynesian macroeconomics model that allows for growth and fluctuation. Expansion and contraction are assumed to be due to temporarily systematic shocks that propel the economy away from a long-run equilibrium growth path. Whe

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Contributor
UP-School of Economics
Authors
Encarnacion, Jr. Jose
Keywords
economic growth; economic development; economic growth models
Cite
Downloads

68

Since
Nov 12, 2013

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