Results 131 to 140 of about 286,099 (220)

The Free Energy Principle and Free Markets. [PDF]

open access: yesEntropy (Basel)
Friston K, Medrano J, Verbelen T.
europepmc   +1 more source

An Estimated Small Open Economy New-Keynesian Model of the Australian Economy [PDF]

open access: yes
This paper estimates a small open economy New-Keynesian model using data from Australia and the US economy with Full Information Maximum Likelihood method. Our estimated US structural parameters are in line with those of Giordani (2004) on Canadian data.
Heidari, Hassan
core  

Keynesian and schumpeterian efficiency in a BOP-constrained growth model [PDF]

open access: yes
The paper aims to contribute to the debate on specialization and growth in two forms. Firstly, it develops a North-South model in which the ratio between the income elasticity of exports and imports in the South (that gives the rate of growth compatible ...
Eva Catela, Gabriel Porcile
core  

The New Keynesian Microfoundations of Macroeconomics [PDF]

open access: yes
New Keynesian Macroeconomics (NKM) obeys to the new dogma that macroeconomics should be firmly grounded in First Principles of micro theory. Households are assumed to run an intertemporal optimization calculus with respect to leisure and consumption by ...
Heinz-Peter Spahn
core  

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