An approach to the theory of output and growth which combines the classical theory of value and distribution with Keynes’s principle of effective demand originates from the theoretical contribution of Piero Sraffa. The paper addresses the main lines of this ‘classical– Keynesian’ approach. It also expounds the main questions that animate the debate within the approach.
Trezzini, A., Palumbo, A. (2016). The theory of output in the modern classical approach: main principles and controversial issues. REVIEW OF KEYNESIAN ECONOMICS, 4(4), 503-522 [10.4337/roke.2016.04.09].
The theory of output in the modern classical approach: main principles and controversial issues
TREZZINI, ATTILIO;PALUMBO, Antonella
2016-01-01
Abstract
An approach to the theory of output and growth which combines the classical theory of value and distribution with Keynes’s principle of effective demand originates from the theoretical contribution of Piero Sraffa. The paper addresses the main lines of this ‘classical– Keynesian’ approach. It also expounds the main questions that animate the debate within the approach.File in questo prodotto:
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