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Re: Equilibrium, stasis and death 21 Jan 1994 00:03:02 -0700 from <Steve.Keen@unsw.EDU.AU>
- Subject: Re: Equilibrium, stasis and death 21 Jan 1994 00:03:02 -0700 from <Steve.Keen@unsw.EDU.AU>
- From: Jim Devine <JNDF%LMUACAD.BITNET@xxxxxxxxxxxxxxxxx>
- Date: Fri, 21 Jan 1994 10:51:30 -0800 (PST)
Steve, your Goodwinian model sounds interesting. I've always liked his
model and yours seems an improvement. One comment: the idea that
the model gravitates to an equilibrium when interest rates are low
seems mildly reminiscent of Wicksellian notions of the natural
rate of interest, i.e., if the actual rate differs from the natural
rate, bad things (inflation, deflation) happen.
sincerely,
Jim Devine BITNET: jndf@lmuacad INTERNET: jdevine@xxxxxxxxxxxxxxx
Econ. Dept., Loyola Marymount Univ., Los Angeles, CA 90045-2699 USA
310/338-2948 (off); 310/202-6546 (hm); FAX: 310/338-1950
- Thread context:
- Re: Yet more equilibrium, stasis and death, (continued)
- equilibrium versus dynamic,
RICHARD P.F. HOLT Sat 22 Jan 1994, 13:12 GMT
- M-C-M,
PHILLPS Sat 22 Jan 1994, 06:15 GMT
- Re: Equilibrium, stasis and death 21 Jan 1994 00:03:02 -0700 from <Steve.Keen@unsw.EDU.AU>,
Jim Devine Fri 21 Jan 1994, 18:51 GMT
- Re: Equilibrium, stasis and death 21 Jan 1994 00:02:30 -0700 from <AISAAC@american.edu>,
Jim Devine Fri 21 Jan 1994, 18:11 GMT
- equilibrium,
Brian Eggleston Fri 21 Jan 1994, 17:03 GMT
- <Possible follow-up(s)>
- equilibrium,
Paul Davidson Tue 25 Jan 1994, 15:31 GMT
- Re: Keynes & New Keynesianism, Davidson's post <PB108928%UTKVM1.BITNET@vaxf.Colorado.EDU>,
Alan G. Isaac Fri 21 Jan 1994, 16:00 GMT
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