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Keynesian Business Cycle Theory: The Sticky Wage Model and The Animal Spirits

Keynesian Business Cycle Theory: The Sticky Wage Model and The Animal Spirits. Chapter 10. Developed by Hicks in late 1930s Advanced by Samuelson in 1950s Large-scale Models in 1960s Here: Sticky Wage Model Chapter 11: Other BC models. Keynesian Business Cycle Models.

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Sticky wage - PowerPoint PPT Presentation

Keynesian Business Cycle Theory: The Sticky Wage Model and The Animal Spirits