Results 11 to 20 of about 417 (173)

In search of lost time: the neoclassical synthesis [PDF]

open access: yesB E Journal of Macroeconomics, 2013
Present-day macroeconomics has sometimes been dubbed ‘the new neoclassical synthesis’, suggesting that it constitutes a reincarnation of the neoclassical synthesis of the 1950s. This paper assesses this understanding. To this end, we examine the contents of the ‘old’ and the ‘new’ neoclassical syntheses.
Michel De Vroey, Pedro Garcia Duarte
exaly   +5 more sources

The New Neoclassical Synthesis and the Role of Monetary Policy [PDF]

open access: yesNBER Macroeconomics Annual, 1997
Macroeconomics is moving toward a New Neoclassical Synthesis, which like the synthesis of the 1960s melds Classical with Keynesian ideas. This paper describes the key features of the new synthesis and its implications for the role of monetary policy. We find that the New Neoclassical Synthesis rationalizes an activist monetary policy which is a simply ...
Marvin Goodfriend, Robert G KING
exaly   +5 more sources

The origin and development of economic hermeneutics inside Soviet Marxism and neoclassical synthesis [PDF]

open access: yesИзвестия Саратовского университета. Новая серия: Серия «Экономика. Управление. Право», 2023
Introduction. This article is an analysis of the factors of the emergence and development of economic hermeneutics. The stereotypical ideas about the total ideological unification of political economy in the USSR during the period of Soviet Marxism ...
Fenin, Cyril V.
doaj   +1 more source

The Metaphysics of Theism: A Classical and Neo-Classical Synthesis

open access: yesReligions, 2021
This article aims to provide a metaphysical elucidation of the notion of Theism and a coherent theological synthesis of two extensions of this notion: Classical Theism and Neo-Classical Theism.
Joshua Reginald Sijuwade
doaj   +1 more source

The theory of employment: two approaches compared

open access: yesPSL Quarterly Review, 2014
Introducing the publication of a long 1956 letter by Franco Modigliani (FM) to Paolo Sylos Labini (PSL) on the draft of PSL’s book, Oligopoly and Technical Progress, the paper critically reviews the theoretical background of FM’s comments, showing how ...
Alessandro Roncaglia
doaj   +3 more sources

Neoclassical Growth Accounting and Frontier Analysis: A Synthesis [PDF]

open access: yesJournal of Productivity Analysis, 2000
The standard measure of productivity growth is the Solow residual.Its evaluation requires data on factor input shares or prices.Since these prices are presumed to match factor productivities, the standard procedure amounts to accepting at face value what is supposed to be measured.In this paper we determine total factor productivity growth without ...
Ten Raa, T., Mohnen, P.
openaire   +6 more sources

Los precios en la nueva síntesis neoclásica-keynesiana en macroeconomía [PDF]

open access: yesLecturas de Economía, 2008
The aim of this paper is to study the role that prices play in the New Neoclassical Synthesis. It is shown that although the New Synthesis emphasizes the importance of having a monetary theory to recommend monetary policies, it essentially offers the ...
Alexander Tobón
doaj   +1 more source

Paul Anthony Samuelson and his work (on the hundredth anniversary of his birth)

open access: yesEkonomia i Prawo, 2016
Aim: The purpose of this article is an attempt to systematise and evaluate the achievements of the American Nobel laureate in economic sciences and co-founder of ‘neoclassical synthesis’ — P.A.
Mirosław Bochenek
doaj   +1 more source

Money and Information in a New Neoclassical Synthesis Framework [PDF]

open access: yesThe Economic Journal, 2010
We consider an (otherwise standard) New Neoclassical Synthesis theoretical framework that allows a role for money. Money in our model has an informational role which facilitates the estimation of the unobserved shocks that drive potential output and thus the state of the economy.
Arestis, Philip   +2 more
openaire   +4 more sources

Home - About - Disclaimer - Privacy