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Re: Some questions
Michal Kalecki first used the term "macrodynamics" in a
little-cited but immensely important 1935 Econometrica paper
"A Macrodynamic Theory of Business Cycles,"
on nonlinear business cycles, clearly Keynesian in spirit, but
in fact predating Keynes. The term "macroeconomics" is due to
Lawrence Klein in a 1946 Econometrica article, "Macroeconomics
and the Theory of Rational Behavior." Of course Klein would
godfather neoclassical synthesis Keynesian derived macroeconometric
large-scale models.
Barkley Rosser
Dept. of Economics
James Madison University
- Thread context:
- Bank Legislation/Regulation,
Chris Bohner Thu 06 Jan 1994, 18:02 GMT
- Some questions,
RICHARD P.F. HOLT Thu 06 Jan 1994, 13:51 GMT
- <Possible follow-up(s)>
- Some questions,
Paul Davidson Thu 06 Jan 1994, 16:20 GMT
- Re: Some questions,
Doug Henwood Fri 07 Jan 1994, 11:11 GMT
- Re: Some questions,
FAC_BROSSER Fri 07 Jan 1994, 19:12 GMT
- Re: Some questions,
Paul Davidson Mon 10 Jan 1994, 11:09 GMT
- Re: Some questions,
Paul Davidson Mon 10 Jan 1994, 12:20 GMT
- Re: Some questions,
Jim Devine Mon 10 Jan 1994, 16:53 GMT
- Re: Some questions,
Doug Henwood Tue 11 Jan 1994, 12:04 GMT
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