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La estabilidad de la IS-LM revisitada: Samuelson estaba en lo cierto, Modligiani equivocado
(Pontificia Universidad Católica del Perú. Fondo Editorial, 2015)
In Hicks’s IS-LM model, where it is assumed that production is determined in the goods marketand the interest rate is determined in the money market, when the marginal propensity to spend is greater than one, the IS has a ...
J.M. Keynes, Neoclassical Synthesis, New Neoclassical Synthesis and the Crisis: the Current State of Macroeconomic Theory
(Pontificia Universidad Católica del Perú. Departamento de Economía, 2013)
The aim of this paper is to describe chronologically the evolution of macroeconomic theory since the publication of the General Theory of J. M. Keynes in 1936 until the most recent macroeconomic developments motivated by ...