Results 81 to 90 of about 13,981 (249)

Monetary and Macroprudential Policies under Dollar‐Denominated Foreign Debt

Journal of Money, Credit and Banking, EarlyView.
Abstract This paper studies monetary and macroprudential policies in a small open economy that borrows from abroad in foreign currency. The model features a novel mechanism in which exchange rate depreciation triggered by a borrowing constraint is amplified through balance of payments adjustments, increasing the real burden of foreign debt and causing ...
HIDEHIKO MATSUMOTO
wiley   +1 more source

The Rise of the Natural-Rate of Unemployment Model [PDF]

, 2000
With respect to political mythology, the Northern spring of 1968 is chiefly remembered (like its forerunner of 1848) as a \u27springtime\u27 of youthful and hirsute left-revolutionary fervour.
Leeson, Robert
core   +3 more sources

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

FROM THE SUBPRIME TO THE SOVEREIGN CRISIS: WHY KEYNESIANISM DOES NOT WORK

World Review of Political Economy, 2012
This article analyzes the recent global economic crisis in the central capitalist economies from the viewpoint of Marxian political economy. In the first section, it examines the so-called sovereign crisis concerning the deepening
Makoto Itoh
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

So Are We Keynesians or Not? [PDF]

There is plenty of room for empirical debate with respect to the efficacy of fiscal policy in general, whether monetary policy is a better tool, or what constitutes spending that will make us more productive in the future.Martin Kennedy, Keynes ...
Martin Kennedy
core  

Renovating European social democracy [PDF]

, 2007
Despite pronouncements over the years of the end of social democracy, in 2007, the left in both France & Italy revisited the ideology, engaging in introspection & redefinition to update it.
Clift, Ben
core  

Old-Keynesianism in the New Keynesian Model

De Economist
AbstractI investigate an ‘old Keynesian’ fiscal policy in which government spending endogenously responds to inflation and the output gap when the nominal interest rate is pegged at the ZLB. I do so within a standard Representative Agent New Keynesian model (RANK), as well as a two-period Overlapping Generations New Keynesian model (OLG-NK).
openaire   +3 more sources

Empirical Literature on Fiscal Multipliers: A Bibliometric Approach, 2002–2023

Journal of Economic Surveys, EarlyView.
ABSTRACT This paper reviews the empirical literature on fiscal multipliers through a bibliometric approach, analyzing 337 journal articles published between 2002 and 2023. The articles are categorized based on empirical methodologies, fiscal shock identification strategies, geographic focus, exchange rate arrangements, and macro‐financial regime ...
Margarida Correia Varela, Ana Paula Ferreira Ribeiro   +1 more
wiley   +1 more source

Keynesian theories of investment: neo-, post-, and new

Brazilian Journal of Political Economy
The 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