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Keynesian Ideas, Keynesianism and Keynesian Social Democracy
1997The collapse of the Keynesian paradigm and the concomitant decline of social democracy call forth a discussion of concepts such as ‘Keynesian economics’, ‘Keynesianism’ and ‘Keynesian social democracy’. All of these terms, and others beside, have varying degrees of relevance to the retreat from full employment and the policies we have associated with ...
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Can Penal Keynesianism Replace Military Keynesianism?
SSRN Electronic Journal, 2000Military Keynesianism has positive supply-side and demand-side effects. However, it also has negative aspects, which make it difficult to sustain over an extended period. Might penal Keynesianism serve as a replacement? The prison system today draws from the pool of young adults with low levels of education and poor employment prospects, individuals ...
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A “POST‐KEYNESIAN” ALTERNATIVE TO “KEYNESIAN” MACROMODELS
Journal of Economic Studies, 1979This paper presents, both diagrammatically and algebraically, a two‐sector model that exemplifies and shares some of the basic characteristics to be found in the work of Kalecki, Joan Robinson, Kaldor and, in general, the “Post‐Keynesian” school of writers.
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New Keynesian Economics / Post Keynesian Alternatives
2013The New Keynesian Economics has been the most significant development in economics in recent years. Does it actually build upon Keynes' work? In this volume, leading post Keynesian economists challenge New Keynesianism both on the grounds that it is not Keynesian, and does not provide an adequate account of our current economic problems.
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Keynesians, New Keynesians and the Loanable Funds Theory
1997Two of the major tenets of ‘New Keynesian Economies’ are (i) that capital market imperfections are due to information asymmetries, and (ii) that the supply of credit is endogenous, giving rise to the possibility of credit rationing.2 Points (i)-(ii) imply that economic activity is mainly affected not by the amount of money and the related interest rate
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Growth enhancing effect of discretionary Fiscal policy shocks Keynesian weak Keynesian or non Keynesian [PDF]
, 2015 Using the extended version of the Blanchard and Perotti SVAR technique, this paper attempts to empirically predict the growth enhancing effect of discretionary fiscal policy shocks in both short- and long-run in Turkey over the period 2006:Q1-2015:Q1.
Şen, Hüseyin, Kaya, Ayşe
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2003
More has been written about Keynes's General Theory than any other work in economics in the twentieth century. It has a reputation of being a difficult book to understand. Some of Keynes's greatest supporters were initially hostile in their reviews. The doyen of American economics, Paul Samuelson found the book so confusing it took him 12 to 18 months ...
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More has been written about Keynes's General Theory than any other work in economics in the twentieth century. It has a reputation of being a difficult book to understand. Some of Keynes's greatest supporters were initially hostile in their reviews. The doyen of American economics, Paul Samuelson found the book so confusing it took him 12 to 18 months ...
openaire +1 more source