Results 71 to 80 of about 29,919 (211)

Keynesian Dynamics and the wage price spiral. A baseline disequilibrium approach [PDF]

We reformulate the AS-AD growth model of the Neoclassical Synthesis (Stage I) with its traditional microfoundations. The model still has an LM curve in the place of a Taylor interest rate rule, exhibits sticky wages as well as sticky prices, myopic ...
P. Chen, T. Asada
core  

„THE NEW NEOCLASSICAL SYNTHESIS“ – NEW ECONOMIC TREND

Globalization and Business, 2018
This work deals with the objective prerequisites for the origin of the “new neoclassical synthesis” which is in the process of formation, goals, tasks; the need to use this new trend in the country’s economic policy is justified. An explanation is given to the organic linkage of the public sector economics with the “new neoclassical synthesis” and its ...
openaire   +1 more source

The Macroeconomist as Scientist and Engineer [PDF]

This essay offers a brief history of macroeconomics, together with an evaluation of what has been learned over the past several decades. It is based on the premise that the field has evolved through the efforts of two types of macroeconomist—those who ...
N. Gregory Mankiw
core   +3 more sources

Dynamic Interactions Between Health, Human Capital and Wealth

Academicus International Scientific Journal, 2018
This paper proposes a dynamic economic model with health, human capital and wealth accumulation with elastic labor supply. The economic system consists of one industrial, one health, and one education sector.
Wei-Bin Zhang
doaj   +1 more source

Catching-up, Inflation Differentials and Credit Booms in a Heterogeneous Monetary Union: Some Implications for EMU and new EU Member States [PDF]

In this paper we propose an alternative explanation for the nature, sources and consequences of inflation rate differentials in a monetary union, such as EMU.
Cezary Wójcik, Ronald MacDonald
core  

Graphical analysis of the new neoclassical synthesis [PDF]

, 2007
In this paper we present a graphical analysis framework for the new neoclassical synthesis, which can be used to explain and interpret the behavior of the new neoclassical model under shocks. We elaborate the role of expectations on output and inflation as well as the influence of the monetary authority.
Giese, Guido, Wagner, Helmut
openaire  

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

Marvin Goodfriend: economist and central banker. [PDF]

Bus Econ, 2023
Marshall DA.
europepmc   +1 more source

On Keynes's Theory of the Aggregate Price Level in the Treatise: Any Help for Modern Aggregate Analysis? [PDF]

The paper explores the theory of the aggregate price and profit in Keynes's Treatise for its implications for modern macroeconomic analysis. Here profits are defined in terms of aggregate investment and saving.
Max Gillman
core  

Propensity to Search: Common, Leisure, and Labor Models of Consumer Behavior [PDF]

Expert Journal of Economics, 2015
The analysis of the propensity to search specifies the “common” or the ordinary model of consumer behavior based on the synthesis of the neoclassical approach with satisficing concept, and “leisure” and “labor” models of behavior that represent different
Sergey MALAKHOV
doaj