Time to ditch ADAS?

Grieve, R.H. (2010) Time to ditch ADAS? Review of Radical Political Economics, 42. pp. 315-320. ISSN 0486-6134 (https://doi.org/10.1177/0486613410377620)

Abstract

Complementing previous, often ignored criticism of the AD-AS model - to the effect that this widely-used construction is inherently inconsistent - this note argues that a (rare) defence of the model by Peter Kennedy fails to convince and that the model does indeed, as alleged, give rise to confusing and misleading expositions of the working of the macroeconomy.

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• Item metadata

  Item type:	Article
  ID code:	28140
  Dates:	Date Event September 2010 Published
  Subjects:	Political Science > Political science (General) Social Sciences > Economic Theory
  Department:	Strathclyde Business School > Economics
  Depositing user:	Miss Jenna Wright
  Date deposited:	14 Oct 2010 08:57
  Last modified:	11 Nov 2024 09:38
  Related URLs:	Scopus publication
  URI:	https://strathprints.strath.ac.uk/id/eprint/28140