Convergência para o equilíbrio no modelo keynesiano: algumas considerações

Abstract

The work carried out, initially, a review of the debate that arose after the publication of the General Theory of Employment, Interest and Money (GT) Keynes as regards the nature of the equilibrium position taken by the
economy in the long term. Subsequently, we present the model Oreiro (1997) and some computer simulations, which incorporates the analysis of the arguments presented in Chapter 19 of the GT. The goal is to resume the arguments of some of the major debates in the history of economic thought in
order to demonstrate that the conventional interpretation (neoclassical synthesis) is questionable. The findings go on to show that, when considered in analyzing the arguments presented by Keynes in Chapter
19 of the TG, the result of the neoclassical synthesis - a stable equilibrium with full employment - it is highly questionable. Indeed, it was shown that by developing a formal analytical framework and with the aid of computer simulations.