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The ‘Expansionary Fiscal Contraction’ Hypothesis: A Neo-Keynesian Analysis

Oxford Economic Papers, 1995
It has recently been argued that several fiscal contractions can, through their impact on expectations, lead to growth in consumption, investment, and employment. Since such contractions typically occur because adjustment has been delayed due to fear of aggravating unemployment, the authors examine the hypothesis in a model with wage/price rigidities ...
Frank Barry, Michael Devereux
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A Simple Neo-Keynesian Growth Model

Review of Economic Studies, 1970
John Williamson
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Neo-Keynesian Theories

1976
There is no single macroeconomic, or neo-Keynesian, theory of relative shares. Some models apply to the short run, others to the long run. Some assume the maintenance of full employment, others do not. One common strand, however, runs through them all: the treatment of ‘entrepreneurial incomes as being the result of [the capitalists’] expenditure ...
John King, Philip Regan
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The Contradictions of Neo‐Keynesian Local Economic Strategy

Review of International Political Economy, 1996
Abstract The last twenty years have seen the rise of local economic initiatives in the developed capitalist countries. Despite the dominance of neo‐liberalism at the national level, most of these local programmes are neo‐Keynesian, seeking to use non‐market coordination pragmatically to address market failures and to use localism to develop active ...
Aram Eisenschitz, Jamie Gough
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Some Consequences of Opening a Neo-Keynesian Model

Economic Journal, 1983
This paper presents a model of a small open economy in which unemployment or excess demand for labour can occur due to the exogeneity of the nominal wage. It incorporates into the analysis a wholly imported intermediate good which can be thought of and is sometimes referred to as 'oil', an internationally traded consumption good and a non-traded ...
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On the Neo–Keynesian Interpretation of the Anti-Pasinetti Theory

Oxford Economic Papers, 1991
This paper attempts to point out and amend an incorrect discussion of Baranzini (1975), "The Pasinetti and the Anti-Pasinetti Theorems: A Reconciliation" in the Oxford Economic Papers.
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