2012
DOI: 10.18356/490edaa7-es
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La economía del crecimiento impulsado por la demanda. Teoría y evidencia respecto del Brasil

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Cited by 2 publications
(1 citation statement)
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“…From the Keynesian point of view, the concept of the natural rate of interest is completely misleading because it is based on the idea that potential output is independent of aggregate demand. Theory and empirical evidence regarding the relationship between long-term growth and aggregate demand show clearly that output is demand-determined even in the long-term (Kaldor 1988;Ledesma/Thirwall 2002;Libanio 2009;Oreiro et al 2012a).…”
Section: Conventions and The Long-term Interest Ratementioning
confidence: 99%
“…From the Keynesian point of view, the concept of the natural rate of interest is completely misleading because it is based on the idea that potential output is independent of aggregate demand. Theory and empirical evidence regarding the relationship between long-term growth and aggregate demand show clearly that output is demand-determined even in the long-term (Kaldor 1988;Ledesma/Thirwall 2002;Libanio 2009;Oreiro et al 2012a).…”
Section: Conventions and The Long-term Interest Ratementioning
confidence: 99%