NEO-INSTITUTIONAL INTERPRETATION OF THE “KEYNESIAN CROSS”
DOI:
https://doi.org/10.25806/uu112023325-330Статья поступила в редакцию: 13.10.2023
Статья опубликована: 26.10.2023
Keywords:
Consumption function, average propensity to consume, marginal propensity to consume, “Keynesian cross”, Keynesian psychological law, current income, constant costs, constant savings.Abstract
The article discusses the issues concerning the economic interpretations of consumption and savings. J. Dusenberry, M. Friedman, F. Modigliani substantiate the Samuelson's explanation of the "Keynesian cross” with various factors. Through analytical-geometric methods we found out new institutional model of “Keynesian cross”, on the basis of which it becomes possible to classify the social-economic situation of developing and developed countries and predict future scenarios.
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Правообладатель: Издательский дом «Академический».
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