An Artificial Wicksell—Keynes Macroeconomy : Integrating Business Cycle and Cumulative Process
2021 ed.
Book Details
Format
Paperback / Softback
ISBN-10
9811668418
ISBN-13
9789811668418
Edition
2021 ed.
Publisher
Springer Verlag, Singapore
Imprint
Springer Verlag, Singapore
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Mar 9th, 2023
Print length
164 Pages
Product Classification:
Economic theory & philosophyMacroeconomicsFinanceArtificial intelligence
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While a production sector is represented by a single firm in a conventional model, this model has introduced a large number of heterogeneous firms that confront diverse constraints both at the firm and aggregate levels. This could result in an increased aggregate demand and benefit other firms with further employment.
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