Results 31 to 40 of about 100,350 (315)

KEYNESIAN CONSIDERATIONS IN THE POST-NEOLIBERAL ERA [PDF]

Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2012
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  

Franco Modigliani and oligopoly

PSL Quarterly Review, 2012
Modigliani became interested in Keynes's General Theory even before knowing anything about economics. After becoming a professional economist, through his research both theoretical and applied, his teaching, his policy recommendations to fight mass ...
Paolo Sylos Labini
doaj   +1 more source

Resolving New Keynesian Anomalies with Wealth in the Utility Function [PDF]

Review of Economics and Statistics 103 (2021) 197-215, 2019
At the zero lower bound, the New Keynesian model predicts that output and inflation collapse to implausibly low levels, and that government spending and forward guidance have implausibly large effects. To resolve these anomalies, we introduce wealth into the utility function; the justification is that wealth is a marker of social status, and people ...
arxiv   +1 more source

L’économie post-keynésienne, une pensée hétérodoxe méconnue ?

Revue Interventions Économiques
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
doaj   +1 more source

MR. CARVALHO AND THE POST-KEYNESIANS: SCHOLAR, THEORIST, WRITER

Revista de Economia Contemporânea, 2020
Fernando Cardim de Carvalho’s monumental intellectual legacy encompasses many elements - his teaching, his mentoring, his scholarship, and his policy activism. This essay explores Cardim’s contributions to Post-Keynesian economics through the lens of his
Gary Dymski
doaj   +1 more source

"The General Theory of Employment, Interest and Money" J. M. Keynes: Background, Methodology and Specific Interpretations [PDF]

Журнал институциональных исследований, 2016
The paper was prepared for the 80-th anniversary of publishing of John Maynard Keynes’ “General Theory of Employment, Interest and Money”. It discusses the stages of the economist’s life, the main books written prior to "The General Theory ...
Nureev Rustem, M.
doaj   +1 more source

Historical Review of Macroeconomic Theories [PDF]

فصلنامه پژوهش‌های اقتصادی ایران, 2005
In this paper, attention is made to study the foundations, patterns, assumptions, logics and hypothesis of macro-economic studies. Also, we try to search the causes of delay in the emergence of macro-economics in relation to micro-economics.
Abbas Shakeri
doaj  

On the unimportance of commitment for monetary policy [PDF]

arXiv, 2023
In a New Keynesian model where the trade-off between stabilising the aggregate inflation rate and the output gap arises from sectoral asymmetries, the gains from commitment are either zero or negligible. Thus, to the extent that economic fluctuations are caused by sectoral shocks, policies designed to overcome the stabilisation bias are aiming to ...
arxiv  

Accountability in the EU's para‐regulatory state: The case of the Economic and Monetary Union

Regulation &Governance, Volume 17, Issue 1, Page 142-157, January 2023., 2023
Abstract This article revisits Majone's famous argument about accountability in the regulatory state in reference to the European Union's (EU) Economic and Monetary Union. We show that the EU has entered the stage of a “para‐regulatory state” marked by increasing EU regulation in areas linked to core state powers.
Mark Dawson, Adina Maricut‐Akbik
wiley   +1 more source

Income distribution in a monetary economy

PSL Quarterly Review, 2014
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   +1 more source