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Einperioden-Multiplikatoren gegebener Haushaltsdefizite nach dem Blinder-Solow-Modell: Erwiderung
Credit and Capital Markets – Kredit und Kapital, Vol. 16 (1983), Iss. 1 : pp. 54–61
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Cansier, Dieter
Abstract
Single-period Multipliers of Given Budget Deficits in Accordance with the Blinder-Solow Model: Reply
Scheele’s sharp criticism of us doesn’t hold water. Scheele completely misinterprets our statements. That is surprising and could easily have been avoided. In order to make the recent stock-flow analysis of fiscal policy more comprehensible to a large readership, we take the opportunity of presenting the basic ideas of this approach in a little more detail.