Results 121 to 130 of about 13,464 (272)
Imperfectly Competitive Cycles with Keynesian and Walrasian Features [PDF]
We consider a multi-sector overlapping generations model with imperfectly competitive firms in the output markets and wage setting trade unions in the labour markets.
Madden, Paul, Kaas, Leo
core
Fiscal deficit in sub-saharan Africa: A new intuition from the institution and political drivers. [PDF]
PLoS One, 2023 Abanikanda EO, Dada JT, Ogunjumo RA.
europepmc +1 more source
Oxford Bulletin of Economics and Statistics, EarlyView.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
Market and state in the vision of constitutional economy
Sfera Politicii, 2011 This study addresses the general problem of the relationship between Market and State from Constitutional Political Economy perspective, a research program that has developed in recent decades within Public Choice Theory as a paradigmatic alternative to ...
Cristian-Ion Popa
doaj
What Are The Drivers of Labor Productivity in Italy?
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT This paper introduces a novel sign restriction identification within a structural Bayesian vector autoregression (VAR) to analyse how labour productivity responds to supply and demand shocks and to quantify the contribution of shocks to cyclical fluctuations.
Josué Diwambuena, Francesco Ravazzolo
wiley +1 more source
Anticipations of the Crisis: On the Similarities Between Post Keynesian Economics and Regulation Theory [PDF]
The purpose of this paper is to explore the similarities between Post Keynesian Economics (PKE) and Regulation Theory (RT). It is argued that, despite important differences between these traditions, the analytical contents of PKE and RT display broad ...
Mark Setterfield
core
Anchored or Adrift? A Note on Measuring Inflation Expectations Anchoring
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT We develop a behavioural model of inflation which contains an indicator that quantifies the expectations unanchoring risk over the business cycle. We estimate this model using US and Canadian inflation and output gap data. We find that during the post‐pandemic inflation surge, the macroeconomic data are compatible with non mean‐reverting ...
Olena Kostyshyna +2 more
wiley +1 more source
This article concentrates on the development of Post-Keynesian economics since 1950s, which is one of contemporary streams of keynesian thought. Post-Keynesian economics aims at building a new paradigma in economics on the bases of the original theories ...
Milan Sojka
core
A Post-Keynesian macroeconomic policy mix as an alternative to the New Consensus approach [PDF]
In a Post-Keynesian (PK) model we show that inflation targeting monetary policies, as the main stabilisation tool proposed by the New Consensus Model (NCM), in the short run are only adequate for certain values of the model parameters, but are either ...
Engelbert Stockhammer, Eckhard Hein
core
Marvin Goodfriend: economist and central banker. [PDF]
Bus Econ, 2023 Marshall DA.
europepmc +1 more source