MACRO REVIEW
Online ISSN : 1884-2496
Print ISSN : 0915-0560
ISSN-L : 0915-0560
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Imperfect Competition, Keynesian Multiplier Effect
Masanobu KIMURA
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2015 Volume 27 Issue 1 Pages 35-43

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Abstract
This paper studies the relationship between imperfect competition and the multiplier effects of fiscal policy on real aggregate output in a imperfect competition model with two classes (capitalists and workers).It is shown that the multiplier effects depend on their taste parameters,and that are smaller than one.
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© 2015 JAPAN MACRO-ENGINEERS SOCIETY
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