Abstract

CIMOLI, Mario; NETO, Antonio Martins  and  PORCILE, Gabriel. Productive Structure and Macroeconomic Adjustments. Econ: teor. práct [online]. 2015, n.spe3, pp.9-20. ISSN 2448-7481.

The paper presents a Keynesian model in which conventional "macro" adjustments are analyzed along with structural change. It is stressed the need to discuss both dimensions together and consider the Schumpeterian side of the story (his emphasis on structural change) when Keynesian policies are applied to manage aggregate demand -either expansionary policies to avoid a recession or contractionary policies to correct external disequilibrium.

Keywords : growth; production structure.