Results 1 to 10 of about 128,050 (233)
Marc Lavoie, Post-Keynesian Economics: New Foundations
Revue de la Régulation, 2014 Le premier chapitre de l’ouvrage de Marc Lavoie a en realite deux objets. Tout d’abord, il constitue une longue introduction a l’ouvrage de 660 pages dans lequel l’auteur offre une presentation exhaustive et personnelle du programme de recherche postkeynesien. Ensuite, il fournit les bases d’une reflexion stimulante sur la place de l’heterodoxie face a
Antoine Godin
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On the Indeterminacy of New-Keynesian Economics [PDF]
SSRN Electronic Journal, 2004 We study identiÞcation in a class of three-equation monetary models. We argue that these models are typically not identiÞed. For any given exactly identiÞed model, we provide an algorithm that generates a class of equivalent models that have the same reduced form.
Andreas Beyer, Roger E. A. Farmer
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Keynesian, New Keynesian, and New Classical Economics [PDF]
Oxford Economic Papers, 1987 Formal developments of the Keynes's General Theory, while attempting to achieve a new classical synthesis of the realities of observed macroeconomic fluctuation and unemployment with classical microeconomics, have come to be surprisingly closely tied to the old classical models.
Stiglitz, Joseph E., Greenwald, Bruce C.
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New-Keynesian Economics Tales with Algebraic Notations [PDF]
SSRN Electronic Journal, 2014 In this paper are outlined some new-keynesian economic models along with their micro foundations. At first small model of interest rate consumption income and savings has been outlined. Modigliani-Miller model follows as one of the five neutralities in macroeconomics, and demand for money by Miller and Orr.
Dushko Josheski
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Is New Keynesian Economics Really New? An Answer in a New Keynesian Perspective [PDF]
, 1996 This paper contrasts the descriptive and normative properties of the New Keynesian general equilibrium models with those of other Keynesian paradigms, such as the neoclassical sintesi and the post Keynesian ones. We argue that the co-ordination failures, which are pivotal within the New Keynesian setup deliver an alternative picture of the market ...
BENASSI C. +2 more
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Two Different Views on Monetary Policy Impact: The New Consensus and Post-Keynesian Economics [PDF]
Theoretical and Applied Economics, 2007 The objective of this study is to make a synthesis of the differences between two new macroeconomic views. A New Consensus has arisen among neoclassical and New-Keynesian economists, such as Romer, Taylor and Walsh.
Marius-Corneliu Marinas
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ECONOMIC THOUGHT THROUGH THE PRISM OF NEW KEYNESIAN ECONOMICS [PDF]
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2015 In this paper I study the relation between real wage rigidity and nominal price and wage rigidities. We formulate a generalized price-setting framework that incorporates staggered contracts of multiple durations and that enables us to directly identify
KRUME NIKOLOSKI +2 more
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Perkembangan teori ekonomi mikro
Economic Journal of Emerging Markets, 2016 Perkembangan paling mutakhir menunjukkan bangkitnya kembali ekonomi makro Keynesian yang menjelma menjadi New Keynesian Economics dengan implikasi kebijaksanaan yang sama.
Akhsyim Afandi
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Economic throught the prism of new Keynesian economics [PDF]
, 2014 In this paper we will study the relation between real wage rigidity and nominal price and wage rigidities. We formulate a generalized price-setting framework that incorporates staggered contracts of multiple durations and that enables us to directly identify the influences of nominal vs. real rigidities. We also find that new contracts exhibit very low
Nikoloski, Krume +2 more
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Keynes: The second coming? [PDF]
Panoeconomicus, 2021 This article outlines principles of a modernised macroeconomic framework, drawing on John Maynard Keynes. It explores the historical context in which Keynes’ economic theory arose, and the history of its application and subsequent replacement by
Skidelsky Robert
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