A (Post-) Keynesian perspective on "financialisation" [PDF]
Post-Keynesian demand driven distribution and growth models, based on the notion of distribution conflict between different groups, have been critical regarding the macroeconomic effects of 'financialisation'. In the present paper, firstly, we attempt to
Eckhard Hein
core
Fiscal deficit in sub-saharan Africa: A new intuition from the institution and political drivers. [PDF]
Abanikanda EO, Dada JT, Ogunjumo RA.
europepmc +1 more source
Withdrawing State? Spatiotemporal Geography of State Employment in Finland
Abstract Using a novel dataset, we examine whether state jobs have centralised away from rural municipalities to larger cities in Finland, and how this process has affected regional disparities. Additionally, we test whether the centralisation of state jobs reflects state withdrawal or an adaptation to population decline.
Simo Rautiainen +2 more
wiley +1 more source
The Real Exchange Misalignment and Structural Change: Examining the Development Channel
ABSTRACT This paper examines the relationship between real exchange rate (RER) misalignment and structural change—the reallocation of labor from low‐ to high‐productivity sectors—recognized as a key mechanism of economic development and growth. Using industry‐level data from multiple sources covering up to 153 countries over 1970–2017, and employing ...
Salimeh Abedini Birang, Firat Demir
wiley +1 more source
Panel data evidence on non-Keynesian efects of fiscal policy in the EU New Member [PDF]
There is growing evidence that fiscal consolidation may contribute to economic growth even in the short term. In this paper we review recent research on such non-Keynesian fiscal policy effects and apply panel data econometric techniques to examine the ...
Ciżkowicz, Piotr +2 more
core
ABSTRACT The paper examines the macroeconomic effects of public investment in emerging market and developing economies (EMDEs). To this end the analysis develops a new measure of public investment shocks based on cyclically adjusted government investment.
Amat Adarov +2 more
wiley +1 more source
Identifying the New Keynesian Phillips Curve [PDF]
Phillips curves are central to discussions of inflation dynamics and monetary policy. New Keynesian Phillips curves describe how past inflation, expected future inflation, and a measure of real marginal cost or an output gap drive the current inflation ...
Gregor W. Smith, James M. Nason
core
The German media as amplifier of the political agenda: The economic policy framing of European conflicts in times of COVID-19. [PDF]
Teschendorf VS.
europepmc +1 more source
Beyond Connection: Paradoxes of Psychedelic Resonance in Late Modernity
ABSTRACT This essay explores the enduring suspicion that psychedelic experiences are antithetical to the structural dynamic of modern societies through Hartmut Rosa's concepts of ‘resonance’ and ‘social acceleration’. Rosa's theoretical framework is particularly generative for studying the social meaning of contemporary psychedelia because it enables a
Mateo Sanchez Petrement
wiley +1 more source
An Estimated Small Open Economy New-Keynesian Model of the Australian Economy [PDF]
This paper estimates a small open economy New-Keynesian model using data from Australia and the US economy with Full Information Maximum Likelihood method. Our estimated US structural parameters are in line with those of Giordani (2004) on Canadian data.
Heidari, Hassan
core

