THE NATURE OF TRANSACTIONS IN THE UNITED-STATES AGGREGATE GOODS MARKET

被引:2
|
作者
RAO, BB
机构
[1] School of Economics, University of New South Wales, Kensington
关键词
D O I
10.1016/0165-1765(93)90210-4
中图分类号
F [经济];
学科分类号
02 ;
摘要
A model to estimate the proportion of transactions taking place in the new classical, disequilibrium and Keynesian markets is developed to estimate the aggregate U.S. goods market. Our results show that more than 14% of the transactions take place in the new classical equilibrium markets and the rest in the Keynesian markets.
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页码:385 / 390
页数:6
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