Titlebook: Economic Papers 1941–88; Josef Steindl Book 1990 Josef Steindl 1990 economics.paper

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The Role of Household Saving in the Modern Economyavailable data: expressed as a ratio of GDP, these savings seem to show an increasing trend in several countries in the last two decades. Again, observation of the same ratio seems to show that it is rather inflexible in face of cyclical changes, responding little or sometime even perversely to a fa

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Distribution and Growth are equal. It is suggested by Kalecki’s profit equation (profits are equal to investment plus capitalists consumption) from which both Joan Robinson’s golden age rule and Kaldor’s distribution paper are derived.

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Beginning Facebook Game Apps Developmentod’s theory (Harrod, 1939, 1948), as well as my own . (Steindl, 1952). Both explain the secular depression of the pre-war decade in these terms: the economy is unable to adjust to low growth rates because its savings propensity is adapted to a high one.

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