Tobin's `A Dynamic Aggregative Model': An analytical interpretation
In the attempt of arguing against the conclusion achieved by Harrod and Domar on the stability of growth, Tobin proposes in 1955 a `Dynamic Aggregative Model' which takes into consideration a monetary sector and a neoclassical two factors production function. Despite this model has received al...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Accademia Peloritana dei Pericolanti
2014-09-01
|
| Series: | Atti della Accademia Peloritana dei Pericolanti : Classe di Scienze Fisiche, Matematiche e Naturali |
| Online Access: | http://dx.doi.org/10.1478/AAPP.92S1B4 |