@article{Silva_1986, title={O modelo de investimento de Kalecki: análise empírica dos Estados Unidos, 1948-1980}, volume={6}, url={https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1790}, abstractNote={<p><br /> Though published in the early 1930&rsquo;s, and despite recent interest in his theory, Kalecki&rsquo;s investment model has not been subject to much empirical testing. This paper specifies a three equation short run version of Kalecki&rsquo;s investment model and estimates it using annual U.S. data between 1948-1980. A surprising result is that U.S. economy appears to have been dynamically unstable in the period analyzed, with cycles of increasing amplitude.</p><br /> }, number={2}, journal={Brazilian Journal of Political Economy}, author={Silva, Ednaldo Araquem da}, year={1986}, month={Apr.} }