Results 81 to 90 of about 49,442 (204)
A Reinterpretation of the Keynesian Consumption Function and Multiplier Effect [PDF]
We propose a microeconomic foundation of the multiplier effect and that of the consumption function using a dynamic optimization model that explains a shortage of aggregate demand and unemployment. We show that government purchases boost aggregate demand
Ryu-ichiro Murota, Yoshiyasu Ono
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Macroeconomics after Keynes: a reconsideration of the general theory [PDF]
, 1983 This reassessment of J. M. Keynes's The General Theory of Employment, Interest and Money results from the author's experience in using Keynes's book as the core of her macroeconomics courses for undergraduates. It is intended to encourage others to bring
Chick, V.
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Monetary Policy, Inflation, and Crises: Evidence from History and Administrative Data
The Journal of Finance, Volume 81, Issue 2, Page 923-970, April 2026.ABSTRACT We show that a U‐shaped monetary rate path increases banking crisis risk, via credit and asset price cycles, analyzing 17 countries over 150 years. Rate hikes (raw or instrumented) increase crisis risk, but only if preceded by prolonged cuts. These patterns are unique to banking crises, unlike noncrisis recessions.
GABRIEL JIMÉNEZ +3 more
wiley +1 more source
The German media as amplifier of the political agenda: The economic policy framing of European conflicts in times of COVID-19. [PDF]
Eur J Commun, 2023 Teschendorf VS.
europepmc +1 more source
Politics &Policy, Volume 54, Issue 2, April 2026.ABSTRACT The Great Depression was a turning point in the development of social programming in North America. This paper explores the politics of social policy expansion during the Great Depression in the United States and Canada through an analytical lens that combines the insights of historical institutionalism and the analysis of transnational ...
Daniel Béland +2 more
wiley +1 more source
Marvin Goodfriend: economist and central banker. [PDF]
Bus Econ, 2023 Marshall DA.
europepmc +1 more source
The inflationary effects of sectoral reallocation. [PDF]
J Monet Econ, 2023 Ferrante F, Graves S, Iacoviello M.
europepmc +1 more source
Modern Monetary Theory: A Solid Theoretical Foundation of Economic Policy? [PDF]
Atl Econ J, 2021 Prinz AL, Beck H.
europepmc +1 more source
Myths and Maths: Macroeconomic Effects of Fiscal Adjustments in Hungary [PDF]
In this paper we investigate the possible effects of fiscal tightening in Hungary from two perspectives. First, simulations in an estimated neo-Keynesian model are used to characterise the effects of different scenarios for fiscal consolidations. We show
Balázs Párkányi +3 more
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Fiscal policy under long-run stagnation: A new interpretation of the multiplier effect [PDF]
, 2015 We develop a Keynesian cross analysis with a dynamic optimization setting that explains long-run stagnation caused by aggregate demand deficiency.
Murota, Ryu-ichiro, Ono, Yoshiyasu
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