Results 101 to 110 of about 684,740 (308)
Keynesian Theory and the AD-AS Framework: A Reconsideration [PDF]
Contrary to what has been argued by a number of critics, the AD-AS framework is both internally consistent and in conformity with Keynes’s own analysis.
Amitava K. Dutt, Peter Skott
core
Ecological macroeconomics: a methodological review
The paper aims to analyse and provide an overview of the emerging ecological macroeconomic approach from a methodological point of view. As with ecological economics, this emerging approach is being constituted by a methodologically plural set of studies.
Beatriz Macchione Saes +1 more
doaj +1 more source
Keynes's German Contenders 1932-1944: On the Sociology of Multiple Discoveries in Economics [PDF]
In a pathbreaking study on some alleged anticipations of Keynes''s General Theory of Employment, Interest and Money, Don Patinkin in apparently applying Merton''s sociological approach to the problem of anticipations and multiples in economics, rejects ...
Backhaus,J.G.
core +1 more source
Understanding UK Productivity Using a Macroeconomic Lens
ABSTRACT We survey UK labor productivity over the long run, comparing it with other advanced economies, and focus on the sharp slowdown since the global financial crisis. Using a growth accounting framework, we highlight the primary role of total factor productivity (TFP), while noting that the contribution of capital shallowing is influenced by ...
Jagjit S. Chadha, Issam Samiri
wiley +1 more source
Growth, the Environment and Keynes: Reflections on Two Heterodox Schools of Thought [PDF]
This paper explores the approach of Post Keynesian Economics (PKE) in comparison with ecological economics. While PKE, like all macroeconomics, has failed to address environmental problems it does have many aspects which make compatibility with ...
Clive L Spash, Heinz Schandl
core
Endogenous Tax Compliance and Macroeconomic Performance Driven by Satisficing Evolutionary Dynamics
ABSTRACT We incorporate tax evasion to a demand‐led macrodynamic model of capacity utilization and output growth rate. The frequency of tax evaders is endogenously time‐varying, driven by imitation‐augmented satisficing evolutionary dynamics involving pecuniary factors, as well as non‐pecuniary elements which are reflected in the distribution of tax ...
Leonardo Barros‐Torres +2 more
wiley +1 more source
To Save or To Consume: Linking Growth Theory to with Keynesian Model [PDF]
In the neoclassical growth theory, higher saving rate gives rise to higher output per capita. However, in the Keynesian model, higher saving rate causes lower consumption, which may lead to a recession.
Yun-Kwong Kwok
core
Distributive Cycles and Earnings Inequality: A Kaleckian Goodwinian‐Inspired Model
ABSTRACT Rising wage inequality since the 1980s is well‐documented, but cyclical dynamics are less explored. This study builds a Kaleckian model analyzing the link between aggregate demand (mediated by employment) and earnings inequality. The model features three classes: capitalists, production, and professional workers.
Marina da Silva Sanches
wiley +1 more source
After the Bust: The Outlook for Macroeconomics & Macroeconomic Policy [PDF]
The current economic crisis offers an historic opportunity for change. The depth of the crisis means there will likely be a policy turn in a Keynesian and even Post Keynesian direction. However, there are profound political, intellectual and sociological
Thomas I. Palley
core

