Economy, asked by VPITHT4938, 1 year ago

Dual decision hypothesis in macroeconomics what is it

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Answered by Anonymous
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Abstract. Though Wu (2017) has shown Clower's Dual Decision Hypothesis leading to Keynes' change in saving (and disequilibrium) conclusion, it is important to compare Clower's budget constraint approach with other models, including those found in Hall's consumption theorem and similar approach.

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