Results 31 to 40 of about 167,361,125 (132)
Five Principles for a New Economic Consensus
Global Policy, Volume 17, Issue 4, Page 670-682, September 2026.ABSTRACT This paper puts forward five principles for a new economic consensus, which could serve as a modern alternative to the Washington Consensus of 35 years ago. They are built on new ideas that have gained currency in economics over the past three decades. We also provide examples of the policies that could follow from these principles.
Timothy Besley, Andrés Velasco
wiley +1 more source
Behavioral Macroeconomics and the New Keynesian Model [PDF]
The contribution of this paper is twofold. First, a thorough presentation of the state of the art of the New Keynesian Macroeconomic model is provided.
Jan-Oliver Menz
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Creativity and Innovation Management, Volume 35, Issue 3, Page 555-569, September 2026.ABSTRACT This paper explores the limits of mission‐directed entrepreneurial states by drawing on the theory of recombinant innovation and F.A. Hayek's insights on the spontaneous growth of knowledge in society. First, the use of discretionary policymaking curtails the range of knowledge generated in the process of social interaction, limiting the scope
Bryan Cheang, Praharsh Mehrotra
wiley +1 more source
Unemployment in an Estimated New Keynesian Model [PDF]
We reformulate the Smets-Wouters (2007) framework by embedding the theory of unemployment proposed in Galí (2011a,b). We estimate the resulting model using postwar U.S. data, while treating the unemployment rate as an additional observable variable.
Jordi Galí, Frank Smets, Rafael Wouters
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The currency risk challenge in African power finance: Structures, politics, and emerging responses
Development Policy Review, Volume 44, Issue 5, September 2026.Abstract Motivation Achieving Africa's energy and infrastructure goals requires unprecedented investment, but reliance on foreign currencies in project finance exposes governments and utilities to systemic currency risk. Purpose This article explores the structural, financial, and political economy dimensions of currency mismatch in African power ...
Wikus Kruger, Danny Cassimon
wiley +1 more source
Inflation Forecasts and the New Keynesian Phillips Curve [PDF]
The ability of the New Keynesian Phillips curve to explain US inflation dynamics when official central bank forecasts (Greenbook forecasts) are used as a proxy for inflation expectations is examined.
Sophocles N. Brissimis +1 more
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Technology Shocks in the New Keynesian Model [PDF]
In the New Keynesian model, preference, cost-push, and monetary shocks all compete with the real business cycle model's technology shock in driving aggregate fluctuations.
Peter N. Ireland
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An Estimated Small Open Economy New-Keynesian Model of the Australian Economy [PDF]
This paper estimates a small open economy New-Keynesian model using data from Australia and the US economy with Full Information Maximum Likelihood method. Our estimated US structural parameters are in line with those of Giordani (2004) on Canadian data.
Heidari, Hassan
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Government Spending in a New Keynesian Endogenous Growth Model [PDF]
Standard New Keynesian models cannot generate the widely observed result that private consumption is crowded in by government spending. We use a New Keynesian endogenous growth model with endogenous labour supply to analyse this phenomenon.
Muysken Joan, Veen Tom van, Kühn Stefan
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A multi-sector version of the Post-Keynesian growth model [PDF]
With this inquiry we seek to develop a disaggregated version of the post-Keynesian approach to economic growth, by showing that indeed it can be treated as a particular case of the Pasinettian model of structural change and economic expansion. By relying
Teixeira, Joanílio Rodolpho +1 more
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