Intratemporal elasticity of substitution between private and public consumption: new evidence and implications. [PDF]
Francois JN, Keinsley A.
europepmc +1 more source
Ricardian equivalence and the intertemporal Keynesian multiplier [PDF]
We show that Keynesian multiplier effects can be obtained in dynamic optimizing models if one combines both price rigidities and a "non Ricardian" framework where, due for example to the birth of new agents, Ricardian equivalence does not hold.multiplier
Jean-Pascal Bénassy
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Wally and the Major [picture] : cross purposes /
Part of the Stan Cross Archive of cartoons and drawings, 1912-1974.; Inscription: "Stan Cross 9/66"--In ink, lower right. "8939 Tue Mar 18 Cross Purposes"--In ink, right margin; "8939"--In pencil, upper right corner.; Also available in an electronic ...
Cross, Stan, 1888-1977.
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Is the New Keynesian Phillips curve flat? [PDF]
Macroeconomic data suggest that the New Keynesian Phillips curve is quite flat - despite microeconomic evidence implying frequent price adjustments.
Stölting, Sarah +2 more
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Inequality, fiscal policy and COVID19 restrictions in a demand-determined economy. [PDF]
Auerbach AJ, Gorodnichenko Y, Murphy D.
europepmc +1 more source
A framework for the analysis of self-confirming policies. [PDF]
Battigalli P +4 more
europepmc +1 more source
On the Low Degree of Entropy Implied by the Solutions of Modern Macroeconomic Models. [PDF]
Nymoen R.
europepmc +1 more source
To Save or To Consume: Linking Growth Theory to with Keynesian Model [PDF]
In the neoclassical growth theory, higher saving rate gives rise to higher output per capita. However, in the Keynesian model, higher saving rate causes lower consumption, which may lead to a recession.
Yun-Kwong Kwok
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Non-Keynesian effects of fiscal contraction in new member states [PDF]
Many economists are convinced that longer-term benefits from fiscal consolidation are in a trade-off with short-term deceleration in output growth. However, more recent research suggests that curbing fiscal imbalances contributes to faster growth already
Rzonca, Andrzej, Cizkowicz, Piotr
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Extreme Events, Entrepreneurial Start-Ups, and Innovation: Theoretical Conjectures. [PDF]
Gries T, Naudé W.
europepmc +1 more source

