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Franco Modigliani and oligopoly

PSL Quarterly Review, 2005
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  

Growth, the Environment and Keynes: Reflections on Two Heterodox Schools of Thought [PDF]

This paper explores the approach of Post Keynesian Economics (PKE) in comparison with ecological economics. While PKE, like all macroeconomics, has failed to address environmental problems it does have many aspects which make compatibility with ...
Clive L Spash, Heinz Schandl
core  

When in Doubt, Tax More Progressively? Uncertainty and Progressive Income Taxation

International Economic Review, EarlyView.
ABSTRACT We study the optimal income tax problem under parameter uncertainty about household preferences and wage dynamics. We derive conditions characterizing how such uncertainty affects optimal tax policy. To quantify the effect, we estimate a life‐cycle model using US data and a Bayesian approach.
Minsu Chang, Chunzan Wu
wiley   +1 more source

History of the economics department at University of Missouri-Kansas City [PDF]

This essay provides a short history of the Department of Economics at UMKC from 1929 to 2010. It shows the origins of its Institutionalist roots beginning in 1946 and ends with the development of the department as a internationally known center of Post ...
Lee, Frederic
core   +1 more source

How Does Progressivity Affect the Tax Cut Multiplier?

International Economic Review, EarlyView.
ABSTRACT How does the targeting of personal income tax cuts affect the output multiplier? This paper provides quantitative evidence using a heterogeneous‐agent New‐Keynesian model calibrated to match US distributions of income, wealth, marginal tax rates, and marginal propensities to consume.
Christian Gillitzer
wiley   +1 more source

As primeiras impressões de Hicks sobre a Teoria Geral

Brazilian Journal of Political Economy, 2014
In this article, we present an interpretation of the Hicks' first review of Keynes's General Theory. First we analyze the influence of Hayek's theory on the work of Hicks.
Jorge Eduardo de Castro Soromenho
doaj   +1 more source

Post-Keynesianism meets feminist economics [PDF]

Cambridge Journal of Economics, 2008
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 ...
openaire   +3 more sources

The New Keynesian Phillips Curve: Some Counterfactual Evidence [PDF]

New Keynesian models of the business cycle have become the new paradigm of monetary economics, often used for policy analysis. This paper shows that this class of models fail in one crucial respect: they imply a strong negative contemporaneous ...
Juan Paez-Farrell
core  

Policing the Environmental Crisis: Climate Protest, the State, and Law and Order

Constellations, EarlyView.
Oscar Talbot
wiley   +1 more source