The Embeddedness of Depression in the Simple Keynesian Model

Authors

  •   Arup Kanti Konar Achhruram Memorial College, Jhalda, Purulia - 723 302, West Bengal

DOI:

https://doi.org/10.17010/aijer/2022/v11i2/172212

Keywords:

Keynesianism

, Consumption, Saving, Investment, Stability.

JEL Classification Codes

, E12, E21, E32, E63

Paper Submission Date

, April 18, 2022, Paper sent back for Revision, April 20, Paper Acceptance Date, April 30, 2022

Abstract

The sole objective of this very short paper was to disclose that depression is ingrained in the simple Keynesian model of hydraulic Keynesianism. Depression occurs in the Simple Keynesian Model because of the fact that the rate of change (growth) of saving is greater than the rate of change (growth) of investment. Depression can be cured, or prosperity can be realized if the rate of change (growth) of saving is equal to or less than the rate of change (growth) of investment.

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Published

2022-06-01

How to Cite

Konar, A. K. (2022). The Embeddedness of Depression in the Simple Keynesian Model. Arthshastra Indian Journal of Economics & Research, 11(2), 47–49. https://doi.org/10.17010/aijer/2022/v11i2/172212

Issue

Volume 11, Issue 2, April-June 2022

Section

Articles
Crossref
Scopus
Google Scholar
Europe PMC

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