Results 51 to 60 of about 26,134 (222)
The role of the “liquidity trap” in Keynesian economics
Recent discussions in the literature have once again raised the question as to whether the “liquidity trap” plays a crucial role in Keynesian economics. This work first discusses the analytical aspects of this question.
D. PATINKIN
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The ecological crisis and post-Keynesian economics – bridging the gap? [PDF]
Vera Huwe, Miriam Rehm
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The Keynesian theory and the manufactured industry in Portugal [PDF]
About the economic growth the Keynesian theorists defend circular and cumulative processes, benefiting the rich localities and harming the poorest, without external interventions. In these processes the Verdoorn law has an important role. For Verdoorn (1949) the productivity growth rate is endogenous and depends of the output growth rate, capturing ...
arxiv
Monetary Economics: Post-Keynesian Stock-Flow Consistent Approach (PK-SCF) Versus New-Keynesian Dynamic Stochastic General Equilibrium (NK-DSGE) [PDF]
Dushko Josheski, Tatjana Boshkov
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Post-Keynesianism meets feminist economics [PDF]
This article explores the relationships between post-Keynesian economics and feminist economics. It distinguishes three key concepts in each tradition that recommend serious attention in the other tradition: gender, the household and unpaid work and caring as key concepts in feminist economics; uncertainty, market power and endogenous dynamics as core ...
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The work seeks to better understand how economic thought changes at policy institutions, as compared to academic institutions. The prevalence of academic economics during the 1970s introduced pronounced changes in the Annual Economic Reports of the ...
I. MAES
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Excertos da Historia Keynesiana [PDF]
This article analytically describes the contributions of Keynesian theory in the post-World War I context, by means of a synoptic reading of the bibliographical sources indicated, the Keynesian theory within its own historical and philosophical context. The discussion covers the main concepts of his theory.
arxiv
The Origin and the Resolution of Nonuniqueness in Linear Rational Expectations [PDF]
The nonuniqueness of rational expectations is explained: in the stochastic, discrete-time, linear, constant-coefficients case, the associated free parameters are coefficients that determine the public's most immediate reactions to shocks. The requirement of model-consistency may leave these parameters completely free, yet when their values are ...
arxiv
Income distribution in a monetary economy
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
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