Imperfect Competition and the Keynesian Cross [PDF]
Economics Letters, 1988 This paper presents a simple general equilibrium model in which the only non-Walrasian feature is imperfect competition in the goods market. The model is shown to exhibit various Keynesian characteristics.
N. Gregory Mankiw
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The cross-correlation between output and nominal variables in new keynesian models calibrated to Brazil and the U.S. [PDF]
Economia Aplicada, 2011 This paper investigates if the interaction between habit formation and a forward-looking Taylor rule can mimic the observed dynamic correlations between output and nominal variables (inflation and interest rates) in Brazil and in the U.S. I carry out the
Eurilton Araújo
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Money in monetary policy design: monetary cross-checking in the New-Keynesian model [PDF]
, 2009 In the New-Keynesian model, optimal interest rate policy under uncertainty is formulated without reference to monetary aggregates as long as certain standard assumptions on the distributions of unobservables are satisfied.
A. Orphanides +16 more
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Keynesian approach to economy regulation: answers to the challenges facing the agro-industrial complex [PDF]
BIO Web of Conferences, 2023 The paper presents the main aspects of the Keynesian theory of state economic policy in the context of responding to global challenges and national barriers facing the development of the Russian agro-industrial complex.
Trukhachev Vladimir I. +5 more
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Trade in value-added in developing countries: Does monetary policy matter? [PDF]
Journal of International Logistics and Trade, 2023 Purpose – This paper appraises the effects of monetary policy on trade in value-added (TiVA) using a panel of 38 developing countries spanning the period 1990 to 2019.
Françoise Okah Efogo, Boniface Ngah Epo
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Government public infrastructure investment and economic performance in Spain (1980–2016) [PDF]
Applied Economic Analysis, 2022 Purpose – The authors estimate the multiplier effect of government public infrastructure investment in Spain. This paper aims to use annual data of the 17 Spanish autonomous communities for the 1980–2016 period.
Jose Perez-Montiel, Carles Manera
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Strengthening the role of public governance approaches to ensure sustainable economic growth
Управленец, 2021 The COVID-19 pandemic has formed a fundamentally new environment in both the global and Russian economies. The scale of problems that countries have to deal with significantly enhances the role of the state in the functioning of the economy and requires ...
Mikhail V. Ershov +2 more
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"The General Theory of Employment, Interest and Money" J. M. Keynes: Background, Methodology and Specific Interpretations [PDF]
Журнал институциональных исследований, 2016 The paper was prepared for the 80-th anniversary of publishing of John Maynard Keynes’ “General Theory of Employment, Interest and Money”. It discusses the stages of the economist’s life, the main books written prior to "The General Theory ...
Nureev Rustem, M.
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Wagner’s hypothesis in Europe: a causality analysis with disaggregated data
European Journal of Government and Economics, 2023 This paper examines Wagner hypothesis of the growth of public expenditure alongside the growth of economic activity for a panel of 28 European economies during the 1995-2018 period.
Ivan D Trofimov
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HOW FAR FISCAL DOMINANCE MATTERS FOR A DEVELOPING ECONOMY
Фінансово-кредитна діяльність: проблеми теорії та практики, 2021 . The growing public debt that intensifies with a frequency of economic crises grasps a high rating in the current economic debates. There is an urgent need for implementing an effective policy regime targeted at handling the public debt problem.
S. Shvets
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