Meade's General Theory Model: A Geometric Reprise
重新审视米德1937年对凯恩斯《通论》的两部门形式化,开发了几何图示以方便比较静态分析,并论证米德模型比希克斯IS-LL框架更适合作为凯恩斯体系的代数解释起点,尤其是它直接通向托宾的货币传导机制。
James Meade's 1937 two-sector formalization of Keynes's General Theory is reconsidered in some detail. This paper developes a geometric scheme that facilitates the use of comparative statics in working with the Meade model to demonstrate the richness of its possibilities. The paper also argues that the Meade model might have provided a superior starting point for the development of algebraic interpretations of Keynes's system when compared with John R. Hicks's IS-LL framework, particularly since the Meade model affords a direct bridge toward James Tobin's monetary transmission mechanism. Copyright 1987 by Ohio State University Press.