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KEYNESIAN, NEW KEYNESIAN AND NEW CLASSICAL ECONOMICS [PDF]

open access: greenOxford Economic Papers, 1987
Formal developments of the Keynes's General Theory, while attempting to achieve a new classical synthesis of the realities of observed macroeconomic fluctuation and unemployment with classical microeconomics, have come to be surprisingly closely tied to ...
Bruce Greenwald, Joseph E. Stiglitz
core   +8 more sources

THE FUTURE OF POST-KEYNESIAN ECONOMICS: Post-Keynesian Economics at 50 [PDF]

open access: diamondJournal of Philosophical Economics, 2023
This article discusses the future of post-Keynesian economics by considering three angles: i) the future of post-Keynesian economics as an institution or as a school of thougth; ii) the future of post-Keynesian theory; and finally, iii) the future of post-Keynesian within the profession.
Louis‐Philippe Rochon
openalex   +4 more sources

On the Indeterminacy of New-Keynesian Economics [PDF]

open access: greenSSRN Electronic Journal, 2004
We study identiÞcation in a class of three-equation monetary models. We argue that these models are typically not identiÞed. For any given exactly identiÞed model, we provide an algorithm that generates a class of equivalent models that have the same reduced form.
Andreas Beyer, Roger E. A. Farmer
openalex   +6 more sources

The Renaissance of Keynesian Economics

open access: yes, 2015
PSL Quarterly Review, V. 46, N. 186 (1993)
A. Thirlwall
semanticscholar   +4 more sources

The State of New Keynesian Economics: A Partial Assessment

open access: bronzeJournal of Economic Perspectives, 2018
In August 2007, when the first signs emerged of what would come to be the most damaging global financial crisis since the Great Depression, the New Keynesian paradigm was dominant in macroeconomics.
Jordi Galı́
openalex   +2 more sources

The Institutionalist Reaction to Keynesian Economics [PDF]

open access: greenJournal of the History of Economic Thought, 2006
American institutionalist writers were much involved in the pre-Keynesian discussion over the problems of business cycles, unemployment, and appropriate government policy towards the problems of unemployment and macroeconomic stabilization. This paper will begin by establishing the main lines of institutionalist argument concerning these issues.
Malcolm Rutherford, C. Tyler DesRoches
openalex   +4 more sources

Learning from distant cousins? Post-Keynesian Economics, Comparative Political Economy, and the Growth Models approach

open access: yesReview of Keynesian Economics, 2022
Since the global financial crisis there has been growing interest in Post-Keynesian macroeconomic theory by political economists. In particular, the recent Growth Models approach in Comparative Political Economy (CPE) draws heavily on Kaleckian ...
Engelbert Stockhammer, Karsten Kohler
semanticscholar   +1 more source

Keynesian economics: can it return if it never died?

open access: yesReview of Keynesian Economics, 2020
Appreciation of the Keynesian synthesis was enhanced by the events of the last decade. The global financial crisis highlighted the fragility of financial markets and the capriciousness of animal spirits.
Barry Eichengreen
semanticscholar   +1 more source

World Bank and Keynesian Economics

open access: yes, 2020
The World Bank is an international development and financial institution, which was founded with the name of International Reconstruction and Development Bank and based within the United Nations, offers customized resources, development prescriptions ...
B. Aksakal
semanticscholar   +1 more source

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