Results 81 to 90 of about 84,720 (263)

Taylor Rule Deviations Across Horizons: A Practical Tool for Monetary Policy

Journal of Money, Credit and Banking, EarlyView.
Abstract We propose “Taylor rule yields” across horizons for the United States. Applying the standard Taylor rule to expected paths of inflation and the output gap, we construct a sequence of short‐term rates under neutral monetary policy stances, whose average defines the Taylor rule yield at each horizon.
MASAZUMI HATTORI, TOMOHIDE MINEYAMA, JOUCHI NAKAJIMA   +2 more
wiley   +1 more source

Schumpeter Meeting Keynes: A Policy-Friendly Model of Endogenous Growth and Business Cycles [PDF]

This paper studies an agent-based model that bridges Keynesian theories of demand generation and Schumpeterian theories of technology-fueled economic growth.
Andrea Roventini, Giorgio Fagiolo, Giovanni Dosi   +2 more
core   +3 more sources

New Classicals and Keynesians, or the Good Guys and the Bad Guys [PDF]

Old- style Keynesian models relied on sticky prices or wages to explain unemployment and to argue for demand-side macroeconomic policies. This approach relied increasingly on a Phillips-curve view of the world, and therefore lost considerable prestige ...
Robert J. Barro
core  

Policy Biases in a Model with Labor‐Market Frictions

Journal of Money, Credit and Banking, EarlyView.
Abstract We develop a model with labor‐market matching frictions that is subject to a range of shocks, including shocks to matching efficiency and bargaining power, and use the model to examine how monetary policy should respond to such shocks. We show that optimal monetary policy responds effectively to these shocks, producing economic outcomes that ...
RICHARD DENNIS, TATIANA KIRSANOVA
wiley   +1 more source

Keynesian economics and the Oslo School [PDF]

The economic crisis of the 1930’s hit Norway when Ragnar Frisch returned from the US to accept a professorship at University of Oslo. On his return he wrote newspaper articles proposing tax relief and monetary policies to fight the economic crisis ...
Arild Sæther, Ib E. Eriksen
core  

Inflation in Theory and Practice: A Comprehensive Review of the Literature From the Great Inflation to the 2020s Surge

Journal of Economic Surveys, EarlyView.
ABSTRACT The post‐pandemic inflationary spike brought inflation back to the forefront of academic research. In the debate about the origin and nature of the 2020s inflation, economists have been divided into the following two main camps: the demand‐pull camp, which attributed inflation to excess demand and linked it to fiscal and monetary stimulus put ...
Vicente Ferreira
wiley   +1 more source

Keynesian Theory in "Macroeconomics" Course for non-core faculties

Vestnik MGIMO-Universiteta, 2016
The article deals with the issues related to the teaching of Keynesian theory within the scope of macroeconomics course at the faculties of non-economic professions.
Tatyana Ivanovna Kurnosova, Iskra Evseevna Rudakova   +1 more
doaj   +2 more sources

Keynesian Theory and the AD-AS Framework: A Reconsideration [PDF]

Contrary to what has been argued by a number of critics, the AD-AS framework is both internally consistent and in conformity with Keynes’s own analysis.
Amitava K. Dutt, Peter Skott
core  

Cancer and Capitalism: Towards a Critical Sociological Agenda

Sociology Lens, EarlyView.
ABSTRACT This article considers the relationship between cancer and capitalism from the perspective of political economy. It argues that this perspective is crucial for producing a critical agenda in the sociological study of cancer, which has otherwise and traditionally neglected the question of capital as social totality.
Faisal Al‐Asaad
wiley   +1 more source

Ecological macroeconomics: a methodological review

Economia e Sociedade
The paper aims to analyse and provide an overview of the emerging ecological macroeconomic approach from a methodological point of view. As with ecological economics, this emerging approach is being constituted by a methodologically plural set of studies.
Beatriz Macchione Saes, Ademar Ribeiro Romeiro   +1 more
doaj   +1 more source