Rate of profit and interest in a growth theory with endogenous money

Article Abstract:

An attempt to incorporate an endogenous money approach into post-Keynesian growth theory in order to derive the full employment equilibrium rate of interest as well as that of profit is made. The rate of interest, named the ideal rate of interest, differs from the rate of profit in that it is in proportion to a monetary variable, not a real variable.

Models, Labor market, Keynesian economics, Labour market

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The nature of the ADAS model based on the ISLM model

Article Abstract:

The combination of Keynesian and neoclassical models to develop the aggregate demand aggregate supply model is described. The utility of the aggregate demand aggregate supply model to formulate a stabilization policy, based on the implementation of monetary policy rules for price adjustments, is discussed.

Strategy & planning, Fiji, Planning, Usage, Economic conditions, Company business planning, Econometric models

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Inflation and growth in South Africa

Article Abstract:

The negative impact of inflation on economic growth, in South Africa, is examined.

South Africa, Economic aspects, Inflation (Finance), Inflation (Economics)

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