Results 11 to 20 of about 2,336 (200)

Money in Monetary Policy Design: Monetary Cross-Checking in the New-Keynesian Model [PDF]

SSRN Electronic Journal, 2010
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. The model has been criticized for failing to explain common trends in money growth and inflation, and that therefore money should ...
Beck, Günter W., Wieland, Volker
core   +9 more sources

Teaching the COVID-19 lockdown using the Keynesian Cross

The Journal of Economic Education, 2022
I present a framework to teach the macroeconomic effects of COVID-19 using the Keynesian Cross. I show that the rest of the economy suffers from a decline in demand once one sector of the economy is shut down and that the government spending and tax multipliers are smaller than usual.
Sniekers, Florian; id_orcid, Sniekers, Florian   +1 more
openaire   +2 more sources

Rationality, inequality, and the output gap: evidence from a disaggregated Keynesian cross diagram [PDF]

Journal of Economic Interaction and Coordination
Abstract This paper examines the conditions under which a representative agent (RA) model can accurately approximate the output of a multi-agent model that assumes many interacting agents. The study compares the widely used Keynesian cross diagram, which employs a representative agent, to an extended model that explicitly considers multiple ...
Teglio, Andrea
openaire   +3 more sources

KEYNESIAN THEORY IN THE ”MACROECONOMICS“ COURSE FOR NON-CORE FACULTIES

Vestnik MGIMO-Universiteta, 2016
The article deals with the issues related to the teaching of Keynesian theory within the scope of macroeconomics course at the faculties of non-economic professions.
T. I. Kurnosova, I. E. Rudakova
doaj   +1 more source

MONETARY REGULATION IN THE ECONOMIC GROWTH OF A STATE

Фінансово-кредитна діяльність: проблеми теорії та практики, 2020
In the article it is provided a comparative analysis of monetary regulation models and explores their impact on economic growth. The aim of the paper is to study models of monetary regulation and their impact on economic growth.
V.V. Kovalenko, S. A. Sheludko, M.O. Slatvinska, O.S. Sergeeva, Ye.O. Kulikova   +4 more
doaj   +1 more source

Out of policymaker’s sight: the role of banks’ liquidity preference in credit supply in Brazil

Revue de la Régulation, 2020
In modern, sophisticated banking systems, in addition to endogenously creating money, banks have the ability to innovate and stretch constraints on their portfolio to potentially raise profits.
Fernanda Ultremare, Olívia Bullio Mattos   +1 more
doaj   +1 more source

The nexus between household consumption, consumer protection, and consumer confidence in European countries: A statistical-mathematical analysis [PDF]

Panoeconomicus
In this manuscript, the authors face the following research question: do consumer protection and consumer confidence have predictive power on household consumption?
Ferrentino Rosa, Vota Luca
doaj   +1 more source

Crossing boundaries: an assessment to the influence of post-Keynesianism on developmental macroeconomics [PDF]

Brazilian Journal of Political Economy, 2018
ABSTRACT Developmental macroeconomics, the economic theory that grounds new developmentalism, is a heterodox approach whose establishment was deeply influenced by dissonant schools of thought. Among these, post-Keynesianism occupies a special place. This essay aims at identifying the aspects of developmental macroeconomics in which this post-Keynesian ...
SILVA, VICTOR CRUZ E, CURADO, MARCELO
openaire   +4 more sources

The Relationship of Economic Growth with Consumption, Investment, Unemployment Rates, Saving Rates and Portfolio Investments in The Developing Countries

Gaziantep Üniversitesi Sosyal Bilimler Dergisi, 2018
The Keynesian macroeconomic model implies that household expenditures, investments, and savings have significant impacts on economic growth by affecting total expenditures.
Ali Eren ALPER
doaj   +1 more source

Bifurcation analysis of the Keynesian cross model

, 2023
This study rigorously investigates the Keynesian cross model of a national economy with a focus on the dynamic relationship between government spending and economic equilibrium. The model consists of two ordinary differential equations regarding the rate of change of national income and the rate of consumer spending. Three dynamic relationships between
openaire   +2 more sources