Mario Cassetti
Biographic Data
| ID | 6559284 |
|---|---|
| NAME | Mario Cassetti |
| GIVEN NAMES | Mario |
| FAMILY NAME | Cassetti |
| SIGNATURE | CASSETTI M |
| AFFILIATIONS | a Università di Brescia, Dipartimento di Scienze Economiche , Italy |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 1 |
| WORKS AS AUTHOR | 1 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2006 |
| LATEST PUBLICATION YEAR | 2006 |
| H-INDEX | 1 |
A note on the long-run behaviour of Kaleckian models
This paper discusses the mechanisms that drive Kaleckian models towards their long-run equilibria. After an exposition of a recent version of the Kaleckian model and of its medium-run solution, we show that the utilization and profit rates may converge endogenously toward their normal values. The model's stability conditions and the possibility of hysteresis effects are then discussed. It turns out that the main Kaleckian results can be extended …
A note on the long-run behaviour of Kaleckian models
This paper discusses the mechanisms that drive Kaleckian models towards their long-run equilibria. After an exposition of a recent version of the Kaleckian model and of its medium-run solution, we show that the utilization and profit rates may converge endogenously toward their normal values. The model's stability conditions and the possibility of hysteresis effects are then discussed. It turns out that the main Kaleckian results can be extended …
A note on the long-run behaviour of Kaleckian models
This paper discusses the mechanisms that drive Kaleckian models towards their long-run equilibria. After an exposition of a recent version of the Kaleckian model and of its medium-run solution, we show that the utilization and profit rates may converge endogenously toward their normal values. The model's stability conditions and the possibility of hysteresis effects are then discussed. It turns out that the main Kaleckian results can be extended …
Economic theories and models (1 work) · Economic Theory and Policy (1 work) · Economics (1 work) · Keynesian economics (1 work) · Microeconomics (1 work) · Political Economy and Marxism (1 work) · Profit (economics (1 work)