The multiplicator and its history.

• Authors: Brody A.
• Languages of publication: HU

Abstracts

EN

The multiplicator is a theoretical tool used by Keynes, to prove and calculate the beneficial effect of additional budget expenditure. The stimulant effect of the extra money was first described by Hume. Some version of the multiplicator principle, as a basic and frequently employed tool of economic analysis and examination of effects, has been examined by many authors. It is worth considering again, because it contains another message as well, which has yet to be recognized.

Keywords

EN

BUDGET EXPENDITURE; KEYNES; MULTIPLICATOR PRINCIPLE

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Committee for Economic Sciences of the Hungarian Academy of Sciences
• Journal: Kozgazdasagi Szemle (Economic Review)
• Year: 2005
• Volume: 52
• Issue: 4
• Pages: 402-416
• Document type: ARTICLE

Contributors

author

Brody A.

• A. Brody, no address given, contact the journal editor

Identifiers

CEJSH db identifier

07HUAAAA02955988