Disequilibrium Growth Theory: The Kaldor Model
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Disequilibrium macroeconomic theory [e.g. Clower, and Barroand Grossman] is extended to deal with capital accumulation in the long run. A growth model a la Kaldor is chosen for a frame-work. The real wage is supposed to be adjusted slowly, therefore there may be excess demand or supply in the labor
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美国国家经济研究局创建时间：
1978-09-01
