Skip to main content
Log in

Keynesian versus perfect market macromodels

  • Articles
  • Published:
Atlantic Economic Journal Aims and scope Submit manuscript

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

References

  1. G. Ackley,Macroeconomic Theory, New York: The Macmillan Company, 1961.

    Google Scholar 

  2. R. G. D. Allen,Macro-Economic Theory, New York: St. Martin's Press, 1967.

    Google Scholar 

  3. A. Benavie, “Prices and Wages in the Complete Keynesian Model,”Southern Economic Journal, April 1972, pp. 468–77.

  4. _____, “Equities in the Keynesian Model,”Eastern Economic Journal, January 1975, pp. 10–22.

  5. _____,Mathematical Techniques for Economic Analysis, Englewood Cliffs, New Jersey: Prentice-Hall, Inc., 1972.

    Google Scholar 

  6. _____, “Monetary and Fiscal Policy in a Two-Sector Keynesian Macroeconomic Model,”The Journal of Money, Credit and Banking, February 1976, pp. 63–84.

  7. K. Brunner and A H. Meltzer, “The Place of Financial Intermediaries in the Transmission of Monetary Policy,”American Economic Review, May 1963, pp. 372–82.

  8. M. K. Evans,Macroeconomic Activity, New York: Harper & Row, 1969.

    Google Scholar 

  9. D. Foley and M. Sidrauski,Monetary and Fiscal Policy in a Growing Economy, Macmillan Company, 1971.

  10. K. C. Kogicu,An Introduction to Macroeconomic Models, New York: McGraw-Hill, 1968.

    Google Scholar 

  11. F. Modigliani, “The Monetary Mechanism and Its Interaction with Real Phenomena,”The Review of Economics and Statistics, February 1963, pp. 79–107.

  12. Y. C. Park, “The Transmission Process and the Relative Effectiveness of Monetary and Fiscal Policy in a Two Sector Neoclassical Model,”Journal of Money, Credit, and Banking, June 1973, pp. 595–622.

  13. T. J. Sargent and D. W. Henderson, “Monetary and Fiscal Policy in a Two-Sector Aggregative Model,”American Economic Review, June 1973, pp. 345–65.

  14. _____ and N. Wallace, “Market Transaction Costs, Asset Demand Functions, and the Relative Potency of Monetary and Fiscal Policy,”Journal of Money, Credit, and Banking, pp. 469–505.

  15. E. Shapiro,Macroeconomic Analysis, New York: Harcourt, Brace & World, 1966.

    Google Scholar 

  16. J. Tobin, “A Dynamic Aggregative Model,”Journal of Political Economy, April 1955, pp. 103–15.

  17. R. N. Waud and R. J. Mackay, “A Re-Examination of Keynesian Monetary and Fiscal Orthodoxy in a Two-Sector Keynesian Paradigm,”Canadian Journal of Economics, November 1975, pp. 548–73.

Download references

Author information

Authors and Affiliations

Authors

Additional information

The author is grateful to M. Bronfenbrenner, R. T. Froyen, J. Kmenta, R. W. Pfouts, T. Sargent, and R. N. Waud for valuable criticisms of earlier drafts of this paper.

Rights and permissions

Reprints and permissions

About this article

Cite this article

Benavie, A. Keynesian versus perfect market macromodels. Atlantic Economic Journal 5, 1–10 (1977). https://doi.org/10.1007/BF02300305

Download citation

  • Issue Date:

  • DOI: https://doi.org/10.1007/BF02300305

Keywords

Navigation