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Original Articles

The Demise of the Keynesian Multiplier: A Reply to Cottrell

Pages 121-133 | Published online: 04 Nov 2015

Keep up to date with the latest research on this topic with citation updates for this article.

Read on this site (8)

JohannGraf Lambsdorff. (2011) Savings and investments—an old debate in times of trouble. Journal of Post Keynesian Economics 33:4, pages 645-666.
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Louis-Philippe Rochon & Mark Setterfield. (2007) Interest rates, income distribution, and monetary policy dominance: Post Keynesians and the "fair rate" of interest. Journal of Post Keynesian Economics 30:1, pages 13-42.
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Claude Gnos & Louis-Philippe Rochon. (2007) The New Consensus and Post-Keynesian Interest Rate Policy. Review of Political Economy 19:3, pages 369-386.
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Jochen Hartwig . (2004) Keynes's multiplier in a two‐sectoral framework. Review of Political Economy 16:3, pages 309-334.
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Man-Seop Park. (1998) The Cambridge Theory of Income Distribution: a partial critique. Review of Political Economy 10:3, pages 277-298.
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Paul Dalziel. (1996) The Keynesian Multiplier, Liquidity Preference, and Endogenous Money. Journal of Post Keynesian Economics 18:3, pages 311-331.
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Peter Docherty. A Short Period Sraffa-Keynes Model for the Evaluation of Monetary Policy. Review of Political Economy 0:0, pages 1-30.
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Articles from other publishers (13)

Eduard Braun. (2023) The Keynesian Diminisher. MISES: Interdisciplinary Journal of Philosophy, Law and Economics 11.
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Panayotis G. Michaelides & Theodoulos Eleftherios PapadakisPanayotis G. Michaelides & Theodoulos Eleftherios Papadakis. 2023. History of Economic Ideas. History of Economic Ideas 93 105 .
Matteo Deleidi. (2019) Post‐Keynesian endogenous money theory: Horizontalists, structuralists and the paradox of illiquidity. Metroeconomica 71:1, pages 156-175.
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Satya Prasad Padhi. (2019) Velocity of Money, Endogenous Money and Rate of Interest. The Indian Economic Journal 66:1-2, pages 125-138.
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Thibault Cuénoud. (2017) Un rôle prépondérant pour la Banque Centrale dans un contexte international, le renouveau de l’Hypothèse d’Instabilité Financière de Minsky ?. Vie & sciences de l'entreprise N° 202:2, pages 129-144.
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Patrice Bouvet. (2013) Les « retombées » des évènements sportifs sont-elles celles que l’on croit ?. Revue de la régulation:13.
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Steve Keen. (2009) Bailing out the Titanic with a Thimble. Economic Analysis and Policy 39:1, pages 3-24.
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Elisabeth Springler. 2007. Aspects of Modern Monetary and Macroeconomic Policies. Aspects of Modern Monetary and Macroeconomic Policies 59 79 .
Andrew B. Trigg. 2004. Neoliberalism in Crisis, Accumulation, and Rosa Luxemburg's Legacy. Neoliberalism in Crisis, Accumulation, and Rosa Luxemburg's Legacy 143 160 .
Thomas I. Palley. (2016) The Twin Circuits: Aggregate Demand and the Expenditure Multiplier in a Monetary Economy. Review of Radical Political Economics 30:3, pages 91-101.
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Korkut A. Ertfrk. (2016) The Notion of Disequilibrium, the Multiplier, and the Endogenous Supply of Money. Review of Radical Political Economics 30:3, pages 74-83.
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Marc Lavoie. (2007) HORIZONTALISM, STRUCTURALISM, LIQUIDITY PREFERENCE AND THE PRINCIPLE OF INCREASING RISK. Scottish Journal of Political Economy 43:3, pages 275-300.
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Marc Pilkington. (2005) The Role of Credit in the Theory of Endogenous Money - A Post-Keynesian Analysis of Credit Institutions. SSRN Electronic Journal.
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