Results 101 to 110 of about 13,981 (249)

Economic confidence, negative interest rates, and liquidity: Towards Keynesianism 2.0 [PDF]

open access: yes
A model is developed which explains deep recessions like the recent crisis by a lack of economic confidence, going along with a high liquidity preference of both private households and the private banking system.
van Suntum, Ulrich
core  

NEW KEYNESIANS, POST KEYNESIANS AND HISTORY

open access: yes, 2013
The New Keynesian research programme possesses a number of features which are not unattractive to Post Keynesians. New Keynesians reject policy ineffectiveness, laissez-faire New Classical economics, and argue that the economy can lock into underemployment equilibria.
openaire   +2 more sources

Public Debt Dynamics in a Monetary Economy of Production

open access: yesMetroeconomica, EarlyView.
ABSTRACT This paper investigates the determinants and stability conditions of the public debt‐to‐GDP ratio within a theoretical framework representing the main characteristics of a monetary economy of production. To this end, we develop a dynamic Stock‐Flow Consistent (SFC) model based on the Supermultiplier approach, incorporating both bank and fiat ...
Lorenzo Di Domenico
wiley   +1 more source

On the Impact of Government Debt on Income Distribution in a Post‐Keynesian Framework With Workers' Saving

open access: yesMetroeconomica, EarlyView.
ABSTRACT This paper examines the complex relationship between government debt and income distribution within a post‐Keynesian framework. Extending the model of You and Dutt (1996), we model both capitalists and workers as holders of government bonds, enabling a more nuanced analysis of income distribution dynamics.
Hagen M. Krämer   +2 more
wiley   +1 more source

Kritisk realisme og post keynesianisme [PDF]

open access: yes
In the history of economic thought Post Keynesianism offers a different inter-pretation of John Maynard Keynes’s General Theory than what is known as mainstream Keynesianism.
Finn Olesen
core   +1 more source

How Are “Financial Balances” Financed? Wicksell, (Keynes) and the US Mainstream Don't Fit Today's Institutions; Kalecki, Triffin, and Minsky Got it Right

open access: yesMetroeconomica, EarlyView.
ABSTRACT The paper examines the financial balances of the US economy. Government is the main borrower and households and the foreign sector the main lenders. Business net lending is minimal. The balances and their underlying transactions contradict the loanable funds theory and its “global savings glut” variation.
Michalis Nikiforos, Lance Taylor
wiley   +1 more source

Competing Disraeli-isms: Tory Democracy and One-Nation Conservatism

open access: yesCahiers Victoriens et Edouardiens
This chapter explores Benjamin Disraeli’s influence on two strands of Conservative Party ideology: Tory democracy and one-nation conservatism. Both rejected laissez-faire economics and promoted social reform, but one-nation conservatives favoured a more ...
David Jeffery
doaj   +1 more source

Can we declare military Keynesianism dead? [PDF]

open access: yes
This paper empirically tests the Keynesian hypothesis that government defence spending positively impacts on aggregate output, by using a long run equilibrium model for the US and the UK.
Giorgio D’Agostino   +2 more
core  

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