PKT
mailing list archive
[ Other Periods  | Other mailing lists  | Search  ]
Date:  [ Previous  | Next  ]      Thread:  [ Previous  | Next  ]      Index:  [ Author  | Date  | Thread  ]

Re: DISC -- Multiplier- accelerator model

Dear Barkley:
A short note on point below.

>>2)  Although one reads frequently that R.F. Kahn "discovered" or
"invented" the
multiplier (according to Keynes, anyway), I do not know where he
published that
result, if he even did.

The well known paper by Khan "The relation of home investment to
employment" in
the Economic Journal 41, June 1931, pp 173-98, is the classic reference
on the
multiplier.  I think it is not controversial at all the fact that Khan
"discovered" or
"invented" the multiplier

Best,

Matias


___________________
Matias Vernengo, Ph.D.
Assistant Director
Center for Economic Policy Analysis
New School University
80 Fifth Avenue, 5th Floor
New York, NY 10011
Tel:  212-229-5901
Fax: 212-229-5903
[ Other Periods  | Other mailing lists  | Search  ]