alexa Abstract | The Theory and Models of Keynesian Disequilibrium Macroeconomics
ISSN: 2162-6359

International Journal of Economics & Management Sciences
Open Access

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Research Article Open Access

Abstract

This paper critically reviews and examines the relationship between the origin of disequilibrium macroeconomic thinking by John Maynard Keynes, and the development of Keynesian disequilibrium macroeconomic models. Given that the two strands of literature are both plentiful, I will focus on discussing the essence of Keynesian disequilibrium thinking, and its implications of relevant models in the context of Keynes-Metzler-Goodwin and Weidlich-Haag-Lux approaches.

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Author(s): Tianhao Zhi

Keywords

Disequilibrium macroeconomics, Nonlinear economic dynamics, John Maynard Keynes, Hyman Minsky, Economic Capital, Financial Economics, Hospitality Management, Industrial and Management Optimization, Innovation Policy and the Economy, Socio-Economic Planning Sciences, Economic indicator, Total Quality Management (TQM), Value based Management, Entrepreneurial Development, Management in Education, Classical Economics, Monetary Neutrality, Econometrics, New Economy, Welfare Economics, Development Economics, Economic Transparency, Globalisation, Game theory

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