Abstract
1. Kalecki has given us three versions of his theory of the trade cycle, dating respectively from 1933 (Kalecki, 1935, 1937), from 1943 (Kalecki, 1954) and from 1968. The difference between these versions almost entirely concerns the investment function (the equation explaining investment or investment decisions).
First published in J.Loś et al. (eds) Studies in Economic Theory and Practice. Essays in Honour of Edward Lipiński (Amsterdam: North-Holland, 1981).
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© 1990 Josef Steindl
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Steindl, J. (1990). Some Comments on the Three Versions of Kalecki’s Theory of the Trade Cycle. In: Economic Papers 1941–88. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-20821-0_11
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DOI: https://doi.org/10.1007/978-1-349-20821-0_11
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