Autonomous demand and the Harrodian criticisms of the Kaleckian model

DOI10.1111/MECA.12150MaRDI QIDQ4618006zbMATH OpenOpenAlexFDO

Authors Peter Skott

Publication date 7 February 2019

Published in Metroeconomica (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1111/meca.12150

zbMATH Keywords

autonomous demandHarrodian criticismKaleckian model

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42)

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(5)

• An elementary business cycle mechanism: learning from Harrod and Kaldor
• The Kaleckian analysis of demand-led growth
• Harrodian instability and the `normal rate' of capacity utilization in Kaleckian models of distribution and growth -- a survey
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• Convergence towards the normal rate of capacity utilization in neo-Kaleckian models: the role of non-capacity creating autonomous expenditures

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