The Keyensian mostra is a reasonable special case in which the compensation is exact. More generally, I think it would be unreasonable to expect private savings derece to rise at all in response to an increased deficit, and indeed, in the case where there is a liquidity trap, I think the exact compensation in the Keynesian mostra is a very good approximation to what would actually happen.
The identity of saving and investment holds at any instant of the process, and does derece prevent the absolute size of saving and investment from fluctuating birli a function of its proportion of the total economy at the same instant.”
I liked Montagu Norman’s “weekend örnek” bey excerpted by Delong (). It’s a reasonably close differential approximation to the instantaneous calculus logic that is required to understand all this, I think.
Youre so cool! I dont suppose Ive read anything like this before. So nice to find somebody with some original thoughts on this subject.
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If inventories have to be in there, then the whole thing only works in an industrial economy. Imagine a country where all the manufactured goods are imported. Do inventories still have to be in there?
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In linking the real economy interpretation to the financial one, I think it’s important to recognize Ricardian equivalence bey balance sheet “transaction” but not an income statement one. If one “believes” in it, it means that today’s government borrowing must be offset by a “write-down” of household safi worth by the amount of the Ricardian equivalence.
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如果您需要对连接执行任何类型的初始化，请通过捕获MG_EV_OPEN事件来完成。该事件在连接分配并添加到事件管理器后立即发送，但在执行其他任何操作之前：