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Some Numerical Explorations of the Keynes-Metzler-Goodwin
We study numerically Keynes-Metzler-Goodwin growth, modelling households, firms and government as interacting across real and financial markets. The model allows for sluggish wage / price adjustment, disequilibrium on the market for goods, equilibrium in asset markets and a dynamic government budget...
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| Format: | Journal Article |
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Indian Economic Review
2009
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