Results 121 to 130 of about 505 (157)
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Journal of Monetary Economics, 2020
Abstract The New Keynesian (NK) cross is a graphical and analytical apparatus for heterogeneous-agent (HANK) models expressing key aggregate demand objects—MPC and multipliers—as functions of heterogeneity parameters. It affords analytical insights into monetary, fiscal, and forward guidance multipliers, and replicates the aggregate implications of ...
Florin O Bilbiie
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Abstract The New Keynesian (NK) cross is a graphical and analytical apparatus for heterogeneous-agent (HANK) models expressing key aggregate demand objects—MPC and multipliers—as functions of heterogeneity parameters. It affords analytical insights into monetary, fiscal, and forward guidance multipliers, and replicates the aggregate implications of ...
Florin O Bilbiie
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The dynamically extended Keynesian cross and the welfare-improving fiscal policy
Economics Letters, 2007Abstract We construct a dynamic Keynesian cross. The dynamic extension allows for seigniorage on government financing in lieu of lump sum taxation. Because seigniorage imposes no tax burden, expansionary fiscal policy improves welfare even if wasteful.
Masayuki Otaki
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Imperfect competition, the Keynesian cross, and optimal fiscal policy
Economics Letters, 1998zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Patinkin’s Interpretation of ‘Keynes and the Keynesian Cross’
1990Professor Patinkin (1988) has provided yet another interesting but, in my view, incorrect attempt to redeem the 45° cross as the ‘proper’ interpretation of Keynes’s General Theory. Patinkin rejects the Fusfeld (1985) description of a report by Arthur E.
Davidson Louise, Louise Davidson
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Linking the Keynesian Cross and the Production Possibilities Frontier
Journal of Economic Education, 1995This artidc shows how linking the Keynesian cross and the production possibilities frontier can yield worthwhile results while maintaining analytical simplicity. It demonstrates how this particular blend of Keynesian and classical tools can show the scope and limitations of each and provide the basis for teaching about other schools of macroeconomic ...
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Patinkin's interpretation of Keynes and the Keynesian cross
History of Political Economy, 1989Davidson Paul
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The Intertemporal Keynesian Cross
Journal of Political EconomyMatthew Rognlie, Adrien Auclert
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