Results 51 to 60 of about 4,076,104 (202)

Inflation in Theory and Practice: A Comprehensive Review of the Literature From the Great Inflation to the 2020s Surge

Journal of Economic Surveys, EarlyView.
ABSTRACT The post‐pandemic inflationary spike brought inflation back to the forefront of academic research. In the debate about the origin and nature of the 2020s inflation, economists have been divided into the following two main camps: the demand‐pull camp, which attributed inflation to excess demand and linked it to fiscal and monetary stimulus put ...
Vicente Ferreira
wiley   +1 more source

The New Consensus from a Traditional Keynesian and Post-Keynesian Perspective [PDF]

This paper examines in how far the DSGE model which is often dubbed the New Keynesian Consensus is compatibel with a Post-Keynesian or traditional Keynesian understanding of the economy.
Sebastian Dullien
core  

Aviation and the European Union Emission Trading System: A Bibliometric and Thematic Review

Journal of Economic Surveys, EarlyView.
ABSTRACT Aviation is generally recognized as one of the most carbon intensive forms of transport. In order to tackle aviation's environmental impact, in 2012 the sector has been (partially) included in the European Union Emission Trading System (EU ETS), a market‐based mitigation mechanism designed to put a price on carbon emissions and create an ...
Riccardo Colantuono
wiley   +1 more source

From The Keynesian Revolution to the Klein-Goldberger Model: Klein and the Dynamization of Keynesian Theory [PDF]

According to Klein, Keynes’s General Theory was crying out for empirical application. He set himself the task of implementing this extension. Our paper documents the different stages of his endeavor, focusing on his The Keynesian Revolution book, Journal
Pierre MALGRANGE, Michel DE VROEY
core  

Integrating Environmental Sustainability into Macroeconomic Frameworks: The Eco-Keynesian Cross

Revista Economia e Políticas Públicas
The ecological transition hinges on ecological structural change, necessitating smart macroeconomic policies. Incorporating ecological considerations into macroeconomic modelling constitutes a pivotal area of inquiry that examines the nexus between environmental sustainability and economic expansion.
Chiara Grazini, Giulio Guarini, José Luis Oreiro   +2 more
openaire   +2 more sources

Aggregate Market Power: Measurement, Drivers, and Macroeconomic Effects

Journal of Economic Surveys, EarlyView.
ABSTRACT This survey reviews the macroeconomic literature on market power, focusing on its measurement, determinants, and macroeconomic effects. It synthesizes evidence from concentration ratios, business dynamism indicators, and markup/markdown estimates, documenting a distinct change in trends since the 1980s, especially in the United States ...
Maria Alessandra Rossi
wiley   +1 more source

Behavioral Foundations for the Keynesian Consumption Function [PDF]

This paper has two main goals. The first is to show that behavioral rather than maximizing principles emerge from textual analysis as the microeconomic foundations for Keynes’s Consumption Theory; the second goal is to demonstrate that it is possible to ...
Eleonora Sanfilippo, Fabio D'Orlando
core  

Capital‐Labour Substitution in Macroeconomics: A Survey of Mechanisms, Dynamics and Policy Insights

Journal of Economic Surveys, EarlyView.
ABSTRACT Macroeconomic conclusions often hinge on a single, hard‐to‐pin‐down parameter: the elasticity of substitution between capital and labour, σ. This survey synthesises theory and evidence on how results change once we move beyond the Cobb–Douglas benchmark (σ=1$\sigma = 1$).
Francisco Rebelo, Fernando Del Río
wiley   +1 more source

Strategy for Economic Growth in Brazil: a Post Keynesian Approach [PDF]

The paper proposes a Keynesian strategy for economic policy that aims to achieve higher, stable and sustained economic growth in Brazil. Its main hypothesis is that the current poor growth performance of the Brazilian economy is due to macroeconomic and ...
José Luís Oreiro, Luiz Fernando de Paula   +1 more
core  

Inflation Inequality Across Household Income Groups in Brazil: Persistence, Trend and Volatility

The Manchester School, EarlyView.
ABSTRACT This article investigates inflation inequality across four income strata in Brazil (very low, low, middle, and high income) from July 2006 to April 2025, using the Headline IPCA as a benchmark. We test the hypothesis that inflation dynamics and transmission mechanisms are structurally unequal and disproportionately affect lower‐income ...
Sinara do Valle, Cleomar Gomes da Silva
wiley   +1 more source