Intratemporal elasticity of substitution between private and public consumption: new evidence and implications. [PDF]
Empir Econ, 2023 Francois JN, Keinsley A.
europepmc +1 more source
Inequality, fiscal policy and COVID19 restrictions in a demand-determined economy. [PDF]
Eur Econ Rev, 2021 Auerbach AJ, Gorodnichenko Y, Murphy D.
europepmc +1 more source
"Revisiting (and Connecting) Marglin-Bhaduri and Minsky--An SFC Look at Financialization and Profit-led Growth" [PDF]
Many heterodox strands of thought share both a concern with the study of different phases or growth regimes in the history of capitalism and the use of formal short-run models as an analytical tool.
Antonio Carlos Macedo e Silva +1 more
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A framework for the analysis of self-confirming policies. [PDF]
Theory Decis, 2022 Battigalli P +4 more
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Heterogeneous consumers, demand regimes, monetary policy and equilibrium determinacy [PDF]
This paper investigates the effects of monetary policy in presence of heterogeneous consumers. We study the effectiveness (quantitative effects) of monetary policy and equilibrium determinacy properties of a New Keynesian DSGE model where a fraction of ...
Rossi Lorenza, Di Bartolomeo Giovanni
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On the Low Degree of Entropy Implied by the Solutions of Modern Macroeconomic Models. [PDF]
Entropy (Basel), 2022 Nymoen R.
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Fiscal and Monetary Policy Interactions: Empirical Evidence and Optimal Policy Using a Structural New Keynesian Model [PDF]
This paper examines the interaction of monetary and fiscal policies using an estimated New Keynesian dynamic general equilibrium model for the US.
Anton Muscatelli +2 more
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Extreme Events, Entrepreneurial Start-Ups, and Innovation: Theoretical Conjectures. [PDF]
Econ Disaster Clim Chang, 2021 Gries T, Naudé W.
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The New Keynesian Phillips Curve and Inflation Expectations: Re-Specification and Interpretation [PDF]
A theoretical analysis of the new Keynesian Phillips curve (NKPC) is provided, formulating the conditions under which the NKPC coincides with a real-world relation that is not spurious or misspecified.
George S. Tavlas, P.A.V.B. Swamy
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The Rise of European Unemployment: A Synopsis [PDF]
Unemployment in the European Union has risen from a modest 2% in 1970 to 8.3% in 2002, a level not seen since the Great Depression. In this draft introduction for his new book, The Rise of European Unemployment: A Keynesian Approach, economist Engelbert ...
Engelbert Stockhammer
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