Results 91 to 100 of about 684,740 (308)
PSL Quarterly Review, 2013 The work seeks to better understand how economic thought changes at policy institutions, as compared to academic institutions. The prevalence of academic economics during the 1970s introduced pronounced changes in the Annual Economic Reports of the ...
I. MAES
doaj +1 more source
After a brief review of classical, Keynesian, New Classical and New Keynesian theories of macroeconomic policy, we assess whether New Keynesian Economics captures the quintessential features stressed by J.M. Keynes.
Frederick van der Ploeg
core
Disagreement About Fiscal Policy
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT Politicians disagree about fiscal policy. This disagreement should have economic effects beyond the effects of government spending and taxation. We use the full set of speeches in the German Bundestag since 1960 and apply state‐of‐the art natural language processing techniques to construct two series of fiscal disagreement starting in 1970 ...
Albina Latifi +3 more
wiley +1 more source
Income distribution in a monetary economy
PSL Quarterly Review, 2013 In a monetary economy capital is a fund. This idea is captured by the circuit of capital. We define a circuit for fixed capital and argue that it is closed when the fund that initiates it is recovered in a present value sense.
Nazim Kadri Ekinci
doaj
Behavioral Macroeconomics and the New Keynesian Model [PDF]
The contribution of this paper is twofold. First, a thorough presentation of the state of the art of the New Keynesian Macroeconomic model is provided.
Jan-Oliver Menz
core
The Role of Labour Market Institutions in Shaping Euro Area Monetary Policy Transmission
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT We examine how labour market institutions shape monetary policy transmission in euro area countries. A theoretical model suggests that higher union density flattens the Phillips curve, amplifying output responses while dampening the inflation effects of monetary shocks. This is empirically confirmed using an interacted panel VAR.
Maximilian Boeck, Christian Glocker
wiley +1 more source
Regulation &Governance, EarlyView.ABSTRACT Despite a growing awareness of the interrelation of environmental and social sustainability issues and the need to tackle them in integrated ways, few efforts have been made to develop an analytical framework of eco‐social policy integration.
Jana Brandl
wiley +1 more source
Review of Policy Research, EarlyView.ABSTRACT This study examines the paradoxical relationship between policy learning and capacity: governments need certain capacities to learn effectively, yet these same capacities often emerge from previous learning experiences. Through a comparative analysis of Hong Kong and Singapore's responses to SARS and COVID‐19, we demonstrate how policy ...
Shubham Sharma, Xun Wu, Gleb Papyshev
wiley +1 more source
Review of Policy Research, EarlyView.ABSTRACT Using data from a long‐term survey of senior civil servants (1970–2021), this study investigates the declining share of jurists in federal ministerial departments in Germany. The mechanisms driving this trend and its subsequent effects are discussed from an organizational perspective, highlighting the influence of environmental pressure and ...
Marian Döhler
wiley +1 more source
Social Policy &Administration, EarlyView.ABSTRACT This study examines why Japan's social care reforms of the early 1970s led to a generous elderly care system but only modest and narrowly targeted support for children. Although child allowances and free medical care for the elderly were introduced almost simultaneously, they followed sharply divergent paths.
Ryotaro Takahashi
wiley +1 more source