Results 91 to 100 of about 29,453 (311)
Keynesian theories of investment: neo-, post-, and new
Brazilian Journal of Political EconomyThe general objective of this piece is to analyze the formulations developed by three interpretative strands of Keynes’ investment theory, specifically with regard to the interrelationships between real and monetary-financial variables.
STEVEN FAZZARI
doaj +1 more source
The Two Main Macroeconomic Theories of Keynes and Friedman and Their Use in the Economic Policy of the World's Major Countries and Russia. [PDF]
Stud Russ Econ Dev, 2022 Aganbegyan AG.
europepmc +1 more source
BEYOND KEYNESIANISM: GLOBAL INFRASTRUCTURE INVESTMENTS IN TIMES OF CRISIS
, 2012 Concerns have been raised that the "new normal" — a period of high unemployment, low returns on investment, high risks, and low growth — may become protracted in advanced economies. The world, therefore, needs a growth-lifting strategy.
Justin Lin, Doerte Doemeland
semanticscholar +1 more source
Critical Realism in Economics and Open-Systems Ontology: A Critique [PDF]
This paper examines the treatment of ontology offered by Critical Realism. Three main criticisms are made of the Critical Realist treatment of open systems.
Andrew Mearman
core
Peter Hall, Editor, The Poitical Power of Economic Ideas; Keynesianism across Nations, Princeton, NJ, Princeton University Press, 1989, 406 pp. Cloth $49.50. Paper $16.50. Copyright 1991 Blackwell Publishers Ltd..
Paul Streeten
core +1 more source
Macroeconomic forecasting during recessions and expansions in the US and the euro area
Economic Inquiry, EarlyView.Abstract This study systematically evaluates forecasting performance of 11 Dynamic Stochastic General Equilibrium (DSGE) and 2 Bayesian Vector Autoregression (BVAR) models during recessions and expansions in the US and the euro area. Results show that no single model dominates: parsimonious models perform well in stable periods and at short horizons ...
Jan Čapek +2 more
wiley +1 more source
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
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 +1 more source
"Minsky and Economic Policy: 'Keynesianism' All Over Again?" [PDF]
Recently, national newspapers all over the world have suggested that we should reread John Maynard Keynes, and that Hyman P. Minsky provides a valuable framework for understanding the world in which we live.
Eric Tymoigne
core
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