1931
DOI: 10.2307/2223697
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The Relation of Home Investment to Unemployment

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Cited by 464 publications
(139 citation statements)
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“…Literature on the calculation of Keynesian multipliers traces back to Kahn's description of an employment multiplier for government expenditure during a period of high unemployment (Kahn, 1931). At this early stage, Kahn's calculations recognize the importance of supply constraints and possible increases in the general price level resulting from additional spending in the national economy (Ahiakpor, 2000).…”
Section: Multipliermentioning
confidence: 99%
“…Literature on the calculation of Keynesian multipliers traces back to Kahn's description of an employment multiplier for government expenditure during a period of high unemployment (Kahn, 1931). At this early stage, Kahn's calculations recognize the importance of supply constraints and possible increases in the general price level resulting from additional spending in the national economy (Ahiakpor, 2000).…”
Section: Multipliermentioning
confidence: 99%
“…The notion a multiplier was proposed by Kahn, R. F. (1931). Using the employment multiplier (the Kahn's multiplier), he proved that government spending on organizing of the public works not only leads to increased employment, but also leads to an increase in consumer demand, and this, in turn, contributes to the growth of production and employment in other sectors of the economy.…”
Section: Concept Of Standard Multipliermentioning
confidence: 99%
“…The "Keynesian model" was originally elaborated in the institutional and political British context of the 1930s, which cannot be easily transferred to 1950s Latin America. Whereas R. Kahn (1931) made clear the restrictive premises and limits of the application of employment multiplier to concrete cases, Keynes (1936) turned it into an analytical tool for the determination of the income level in general. Apart from some general conceptual problems, the application of Keynes's multiplier to underdeveloped countries was problematic.…”
Section: The Limits Of Keynesian Macroeconomicsmentioning
confidence: 99%