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Marc Lavoie, Post-Keynesian Economics: New Foundations
Revue de la Régulation, 2014 Antoine Godin
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The State of New Keynesian Economics: A Partial Assessment [PDF]
Journal of Economic Perspectives, 2018 In August 2007, when the first signs emerged of what would come to be the most damaging global financial crisis since the Great Depression, the New Keynesian paradigm was dominant in macroeconomics.
Jordi Galı́
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On the Indeterminacy of New-Keynesian Economics [PDF]
Social Science Research Network, 2004 We study identification in a class of three-equation monetary models. We argue that these models are typically not identified. For any given exactly identified model, we provide an algorithm that generates a class of equivalent models that have the same ...
Andreas Beyer, Roger E. A. Farmer
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FORMATION AND MAIN IDEAS OF THE NEW KEYNESIAN ECONOMICS
Market Infrastructure, 2023 The world economy and the phenomena that emerge in it are developing so rapidly in the current environment that traditional scientific schools, methods or recommendations are unable to actively explain them, let alone provide practical recommendations to
Taras Ivashkiv, Тetyana Рertsovych
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Introduction to Post-Keynesian Economics: New Foundations by Marc Lavoie [PDF]
Review of Political Economy, 2023 As post-Keynesian economics is nearing its 50th anniversary (see Rochon 2023), it is an opportunity to reflect on what Lavoie (2022, p. 34) calls the ‘institutionalization of postKeynesian economics’, that is the state of post-Keynesian conferences ...
Sylvio Antonio Kappes +1 more
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Review of Political Economy, 2023 Marc Lavoie’s very long (74-page), very stimulating and sometimes very provocative first chapter has the title ‘Essentials of heterodox and post-Keynesian economics’.
J. E. King
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Looking for the microfoundations : nominal rigidities and the New Keynesian economics
Economics and Business Review, 2002 This paper presents a critical description of the most influential New-Keynesian models with nominal rigidities. The study aims to elucidate the concept of long-term contracts, small menu costs, and near-rationality.
Izabela Bludnik, Jacek Wallusch
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Methodological Issues and the New Keynesian Economics
, 1991 While recent alternative approaches to macroeconomics have all begun with the presumption that macro-economic behavior ought to be derived from micro-economic foundations, they have differed in their views concerning the appropriate micro-foundations ...
Joseph E. Stiglitz
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The Role of Taxes as Automatic Destabilizers in New Keynesian Economics [PDF]
Social Science Research Network, 2000 Henrik Kleven, Claus Thustrup Hansen
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Evolution of New Keynesian Economics
Procedia Computer Science, 2019 Özlen Hiç
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