Abstract:
The paper deals with the conceptualization and usage of employment and income multipliers, both of macroeconomic as the production theory standpoints. For this end, original contributions and recent syntheses from both areas are recovered. The idea according to which Kahn-Keynes multipliers do not take into account sectoral linkages is attacked, as well as the alleged generalization of these multipliers into a multisectoral scheme. Nevertheless, concludes that multiplier calculations in macroeconomics should
not prescind of the knowledge of production structure, incorporating input-output analysis elements, in spite of the demonstration that the Keynesian multiplier concept is insensitive to final demand composition.
