Bibliographic data
Works
- Document type:
- Works
- Collection:
- Josef Steindl Collection
- Title:
- Kalecki's pure business cycle and the trend
- Scope:
- Typoskript, 2 Blätter
- Year of publication:
- 1990
- Language:
- English
- Description:
- I always had trouble in understanding the concept of the pure cycle as anything but a formal concept. It assumes that the accumulation of the boom has to be "consumed" (by depreciation or scrapping) completely during the recession and depression before a new boom could start. But what kind of mechanism would bring this about in actual fact? The question is justified because Kalecki does show that there are forces which tend to destroy the accumulation of capital again: the accumulation of the boom is not sustainable. (Auszug, S.1)
- Subject:
- Kalecki, Michal <1899-1970> Konjunkturzyklus Langfristige Entwicklung
- Related work:
- Steindl, Josef: Some Comments on the Three Versions of Kalecki's Theory of the Trade Cycle. In: Assorodobraj-Kula, Nina [et al.] (Hrsg.): Studies in Economic Theory and Practice. Essays in Honor of Edward Lipinski. Amsterdam: North-Holland, 1981, S. 125-133
- Topic:
- Growth,cycle and stagnation
- JEL Classification:
- E32 [Business Fluctuations, Cycles] E11 [General Aggregative Models: Marxian, Sraffian, Kaleckian]
- Shelfmark:
- S/M.77.4
- Rights of use:
- All rights reserved
- Access:
- Free access
