Note
College of Business
Member of
Contributors
Publisher
Florida Atlantic University
Date Issued
1977
Description
In this thesis the literature of disequilibrium macroeconomic theory
was reviewed and the empirical relevance of the Keynesian interpretation
of the labor demand function was examined and contrasted to the
disequilibrium interpretation of Barro and Grossman, Patinkin's
disequilibrium theory of the labor market and Clower's partial
disequilibrium analysis of the commodity market were examined in depth.
The bulk of the literature review was devoted to the general disequilibrium
model of income and employment determination developed by Barro and
Grossman. Barra and Grossman's criticism of Keynes for predicting a
negatively sloped labor demand function was analyzed using regression
analysis to estimate the function. Barro and Grossman's criticism
was found to be based on insufficient evidence, and evidence presented
in this thesis supported the Keynesian position.
was reviewed and the empirical relevance of the Keynesian interpretation
of the labor demand function was examined and contrasted to the
disequilibrium interpretation of Barro and Grossman, Patinkin's
disequilibrium theory of the labor market and Clower's partial
disequilibrium analysis of the commodity market were examined in depth.
The bulk of the literature review was devoted to the general disequilibrium
model of income and employment determination developed by Barro and
Grossman. Barra and Grossman's criticism of Keynes for predicting a
negatively sloped labor demand function was analyzed using regression
analysis to estimate the function. Barro and Grossman's criticism
was found to be based on insufficient evidence, and evidence presented
in this thesis supported the Keynesian position.
Language
Type
Form
Extent
102 p.
Subject (Topical)
Identifier
13882
Additional Information
College of Business
Thesis (M.A.)--Florida Atlantic University, 1977.
FAU Electronic Theses and Dissertations Collection
Date Backup
1977
Date Text
1977
Date Issued (EDTF)
1977
Extension
FAU
FAU
admin_unit="FAU01", ingest_id="ing1508", creator="staff:fcllz", creation_date="2007-07-19 01:46:15", modified_by="staff:fcllz", modification_date="2011-01-06 13:09:03"
IID
FADT13882
Issuance
monographic
Organizations
Attributed name: Florida Atlantic University
Attributed name: College of Business
Attributed name: Department of Economics
Person Preferred Name
MONTANARO, EDWARD G.
Graduate College
Physical Description
102 p.
application/pdf
Title Plain
GENERAL DISEQUILIBRIUM INTERPRETATION OF KEYNESIAN MACROECONOMICS
Use and Reproduction
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Origin Information
1977
monographic
Boca Raton, Fla.
Florida Atlantic University
Physical Location
Florida Atlantic University Libraries
Place
Boca Raton, Fla.
Sub Location
Digital Library
Title
GENERAL DISEQUILIBRIUM INTERPRETATION OF KEYNESIAN MACROECONOMICS
Other Title Info
A
GENERAL DISEQUILIBRIUM INTERPRETATION OF KEYNESIAN MACROECONOMICS