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International Debts and Deficits: A Kaldor-Pasinetti Model

In: Nicholas Kaldor and Mainstream Economics

Author

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  • H. Gram

Abstract

Three solutions have been proposed to the problem of reconciling Harrod’s ‘warranted’ rate of growth with the ‘natural’ rate of growth of the effective labor force so as to maintain full employment in long period equilibrium.1

Suggested Citation

  • H. Gram, 1991. "International Debts and Deficits: A Kaldor-Pasinetti Model," Palgrave Macmillan Books, in: Edward J. Nell & Willi Semmler (ed.), Nicholas Kaldor and Mainstream Economics, chapter 26, pages 469-482, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-10947-0_26
    DOI: 10.1007/978-1-349-10947-0_26
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    Cited by:

    1. Harvey Gram, 2002. "Comment on 'Capacity Utilization, Foreign Portfolio Investment and International Debts and Deficits'," Review of Political Economy, Taylor & Francis Journals, vol. 14(3), pages 357-377.
    2. Harilaos Mertzanis, 2000. "Capacity Utilization, Foreign Portfolio Investment and International Debts and Deficits," Review of Political Economy, Taylor & Francis Journals, vol. 12(2), pages 207-218.

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