Results 11 to 20 of about 26,134 (222)
Classicals versus Keynesians: Fifty Distinctions between Two Major Schools of Economic Thought [PDF]
Macroeconomics essentially discusses macroeconomic phenomena from the perspectives of various schools of economic thought, each of which takes different views on how macroeconomic agents make decisions and how the corresponding markets operate. Therefore, developing a clear, comprehensive understanding of how and in what ways these schools of economic ...
arxiv +1 more source
The Age of Fragmentation by Alessandro Roncaglia: A Review Article
This article gives a thorough critical review of Alessandro Roncaglia’s latest book The Age of Fragmentation: A History of Contemporary Economic Thought.
A.P. Thirlwall
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The reincarnation of Keynesian economics [PDF]
This paper discusses the reemergence of Keynesian economics during the past decade. It highlights the substantial differences between new Keynesian economics and the convictions of early Keynesians. In particular, it points out that new Keynesians have adopted many views that were once considered "monetarist" or "classical." It concludes that the term "
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This essay asks whether we are all becoming Keynesians again. It offers some thoughts about the impact of the financial crisis on macroeconomic theory and Keynesian theory, and on post-Keynesian theory in particular.
Marc Lavoie
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This study assesses the crisis of 2008 as a fertile ground by positioning against the boundaries drawn by mainstream economics and suggests an introductory path for alternative future visions on the basis of fiscal policy.
Metehan CÖMERT
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Bifurcation analysis of the Keynesian cross model [PDF]
This study rigorously investigates the Keynesian cross model of a national economy with a focus on the dynamic relationship between government spending and economic equilibrium. The model consists of two ordinary differential equations regarding the rate of change of national income and the rate of consumer spending. Three dynamic relationships between
arxiv
Renouveler la macroéconomie postkeynésienne ? Les modèles stock-flux cohérent et multi-agents
The 16th issue of the Regulation review renews the opportunity of an exchange on the post Keynesian current approach (cf. n°10), especially on post Keynesian macroeconomic modeling.
Mickaël Clévenot, Edwin Le Héron
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L’économie post-keynésienne, une pensée hétérodoxe méconnue ?
This article deals with post-Keynesian theory, which is one of the heterodox schools of thought in economics. We first list the main features of heterodox schools of thought, and then list the specific features of post-Keynesian economics.
Marc Lavoie, Mario Seccareccia
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Inference on the New Keynesian Phillips Curve with Very Many Instrumental Variables [PDF]
Limited-information inference on New Keynesian Phillips Curves (NKPCs) and other single-equation macroeconomic relations is characterised by weak and high-dimensional instrumental variables (IVs). Beyond the efficiency concerns previously raised in the literature, I show by simulation that ad-hoc selection procedures can lead to substantial biases in ...
arxiv
KEYNESIAN CONSIDERATIONS IN THE POST-NEOLIBERAL ERA [PDF]
Based on the fact that the present financial and economic crisis is at the same time a crisis of contemporary economic thinking, this paper aims to interpret the collapse of mainstream economics from a Keynesian point of view.
Cărămidariu Dan-Adrian
doaj