Is Optimism Good in a Keynesian Economy?
收藏NBER1983-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1071
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资源简介：
Assume that an economy is in a state of Keynesian unemployment. Since production is demand-determined there are bootstraps (multiple) equilibria. Then, the more optimist agents are about the future the higher will be theur demand today and hence current production. In that limited sense optimism
提供机构：
美国国家经济研究局
创建时间：
1983-01-01
