Results 71 to 80 of about 29,880 (210)

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  

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  

Towards a social ontology of market systems [PDF]

, 2009
Academic analyses of market systems are deeply divided. While economists tend to neglect the personal and sociological factors that shape the behaviour of market actors, sociologists tend to discount the possibility of a systematic analysis of the ...
Elder-Vass, Dave
core  

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  

Marvin Goodfriend: economist and central banker. [PDF]

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

Dynamic Properties of the New Neoclassical Synthesis Model of Business Cycle [PDF]

Linear and Hodrick-Prescott detrending methods do not provide a good approximation of the business cycle when output contains a unit root. I use the multivariate Beveridge-Nelson decomposition to document the main patterns of US postwar business cycle ...
Frederic Dufourt
core  

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%u2014 those ...
N. Gregory Mankiw
core   +3 more sources

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

Heterodox modeling: practicing well-tuned provisioning or commoning with networked multi-agent environments. [PDF]

Rev Evol Polit Econ, 2023
Miyazaki S.
europepmc   +1 more source

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