„OGÓLNA TEORIA”, KEYNESIZM NIERÓWNOWAGI A WSPÓŁCZESNE PROGRAMY BADAWCZE
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Date
2007
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Wydział Prawa i Administracji UAM
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“GENERAL THEORY” , DISEQUILIBRIUM KEYNESIANISM, AND THE NEW RESEARCH AGENDA
Abstract
According to the interpretation presented by disequilibrium Keynesianism, Keynes was not
interested in the state o f equilibrium, but his main purpose was rejection of the perfect Walrasian
model. Hence, unemployment and insufficient demand started to be perceived as disequilibrium
phenomena. The main reason for that was attached to the problems of dissemination of credible
information. Imperfect and costly knowledge in a large decentralised system leads to discrepancies
between the effective and the notional demand. As a result, it is the quantities rather than prices that
adjust. Focused studies o f solid microfoundations of the analysed aggregate problems gave an impulse
to New Keynesianism, while imperfect information, coordination failures and quantity adjustments
faced by individual agents became a cornerstone of the New Keynesian research agenda.
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Ruch Prawniczy, Ekonomiczny i Socjologiczny 69, 2007, z. 4, s. 133-143.
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0035-9629