Publication: Thirlwall Yasası ve Makroekonomik Sonuç
Abstract
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In this paper, it is dealt with '' Thirlwall's Law'' and Balance-of-Patments Constraint Growth Model developed by A. P. Thirlwall and their macroeconomic implications. This model is known as an approach to PostKeynesian Growth Models. Therefore, a brief summary of PostKeynesian Theory is held and introduced. Then, sample countries results which are tested for the Law are taken into account.
In this paper, it is dealt with '' Thirlwall's Law'' and Balance-of-Patments Constraint Growth Model developed by A. P. Thirlwall and their macroeconomic implications. This model is known as an approach to PostKeynesian Growth Models. Therefore, a brief summary of PostKeynesian Theory is held and introduced. Then, sample countries results which are tested for the Law are taken into account.