Economics, Econometrics and Finance
7 years ago

Keynes's Labor Market Analysis Overlooked in Modigliani's 1944 Paper.

1 view
SSRN Electronic Journal
Correcting Modigliani's 1944 'Liquidity Preference and the Theory of Interest and Money': This Article Dealt with Hicks's Interpretation of Keynes, but not with Keynes's General Theory Model
Michael Emmett Brady

Paper Summary

Modigliani's 1944 paper aimed to add labor market and production function analysis to Hicks's work. However, Modigliani overlooked that Keynes had already included this analysis in his General Theory.

Related papers

Economics, Econometrics and Finance
a year ago

Rueff challenges Keynes and Friedman, claiming currency control is unnecessary.

Macroeconomic Trends
Economic Institutions
Economics, Econometrics and Finance
4 years ago

Keynes's Theory of Interest Rate Challenges Traditional Monetary Economics.

Macroeconomic Trends
Economic Institutions
Monetary Models
1 view
Economics, Econometrics and Finance
4 years ago

Keynesian Revolution Unveils Impact of Money on Unemployment and Prices

Macroeconomic Trends
Economic Institutions
Political Economy