Results 21 to 30 of about 100,350 (315)
The reincarnation of Keynesian economics [PDF]
European Economic Review, 1992 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 "
openaire +2 more sources
Monetary and Macroprudential Policy and Welfare in an Estimated Four‐Agent New Keynesian Model
Journal of Money, Credit and Banking, EarlyView., 2023 Abstract We examine the social and agent‐specific welfare effects of monetary and macroprudential policy in a four‐agent estimated macro‐economic model comprising “banked simple households,” “underbanked simple households,” “firm owners,” and “bank owners.” Optimal capital requirement and loan loss provisions ratios improve all agent‐specific and ...
GEORGE J. BRATSIOTIS, KASUN D. PATHIRAGE
wiley +1 more source
Everything Stays the Same while Everything Changes
, 2022 Development and Change, Volume 53, Issue 6, Page 1398-1420, November 2022.
Max Ajl
wiley +1 more source
The Evaluation of Post-Keynesian Economics A Comparative Analysis [PDF]
, 2015 In this article, we will make a comparative analysis of the evaluation and the developments in the Post-Keynesian Economics and then give the properties of Post-Keynesian Economics in terms of their assumptions and methodology, and their macroeconomic ...
Hiç, Özlen
core +2 more sources
Brazilian Journal of Political Economy, 2010 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
doaj +1 more source
Yönetim ve Ekonomi, 2021 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
doaj +1 more source
Bifurcation analysis of the Keynesian cross model [PDF]
arXiv, 2023 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
Revue de la Régulation, 2014 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
doaj +1 more source
Inference on the New Keynesian Phillips Curve with Very Many Instrumental Variables [PDF]
arXiv, 2021 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
Notes on the accumulation and utilization of capital: Some theoretical issues
Metroeconomica, Volume 74, Issue 1, Page 223-247, February 2023., 2023 Abstract This paper discusses some issues related to the triangle between capital accumulation, distribution, and capacity utilization. First, it explains why utilization is a crucial variable for the various theories of growth and distribution, and, more precisely, with regards to their ability to combine an autonomous role for demand (along Keynesian
Michalis Nikiforos
wiley +1 more source