Neo-Keynesian Disequilibrium Theory in a Monetary Economy

Jean‐Pascal Bénassy

The Review of Economic Studies · 1975 · 471 citations · 16 references

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Concepts

Abstract

K-equilibrium concept 3/ The existence of a K-equilibrium V -EFFICIENCY PROPERTIES OF K-EQUILIBRIUM 1/ The criterion 2/ Properties of a K-equilibrium 3/ Inefficiency and multiplier effects 4/ The cause of inefficiency VI -AM EXA/vlPLE 1/ The economy 2/ Computation of equilibrium transactions

References

16