Results 101 to 110 of about 200,247 (275)
Keynesian Theory and the AD-AS Framework: A Reconsideration [PDF]
Contrary to what has been argued by a number of critics, the AD-AS framework is both internally consistent and in conformity with Keynes’s own analysis.
Amitava K. Dutt, Peter Skott
core
Abstract OECD countries are grappling with a policy design dilemma, as they strive to balance fiscal sustainability with the increasing demands on the welfare state. This study introduces a new perspective on policy design that integrates the two elements of “social cohesion,” comprising government trust and civic engagement.
Jiwon Kim
wiley +1 more source
Comparing alternative Phillips curve specifications: European results with survey-based expectations [PDF]
This paper examines inflation dynamics in Europe. Econometric specification tests with pooled European data are used to compare the empirical performance of the New Classical, New Keynesian and Hybrid specifications of the Phillips curve.
Paloviita , Maritta
core
Being good and doing good in behavioral policymaking
Abstract Libertarian paternalism (LP) draws on behavioral economics to advocate for noncoercive, nonfiscal policy interventions to improve individual well‐being. However, growing criticism is encouraging behavioral policymaking—long dominated by LP approaches—to consider more structural and fiscally impactful interventions as valid responses to ...
Stuart Mills
wiley +1 more source
Modern Democratic Left and Economic Crisis
Political left, notably social democracy, implies acceptance of market economy and parliamentary democracy, as a political framework within which the interests of large sections of the population could be preserved.
Dubravko Radošević
doaj
Marvin Goodfriend: economist and central banker. [PDF]
Marshall DA.
europepmc +1 more source
Continuities in policy change: The case of squatter housing redevelopment strategies in Türkiye
Abstract The introduction of the neoliberal agenda in the 1980s marked a milestone for urban studies, where the neoliberal framework became widely accepted as both given and explanatory for understanding urban phenomena. This tendency often obscured policy continuities rooted in the historical and social contexts of specific geographies.
Fatma Süphan Somalı, Ufuk Poyraz
wiley +1 more source
Estimating open economy Phillips curves for the euro area with directly measured expectations [PDF]
This paper examines euro area inflation dynamics by estimating open economy New Keynesian Phillips curves based on the assumption that all imports are intermediate goods. Instead of imposing rational expectations a priori, Consensus Economics survey data
Paloviita, Maritta
core
Fiscal deficit in sub-saharan Africa: A new intuition from the institution and political drivers. [PDF]
Abanikanda EO, Dada JT, Ogunjumo RA.
europepmc +1 more source
ABSTRACT This study examines the paradoxical relationship between policy learning and capacity: governments need certain capacities to learn effectively, yet these same capacities often emerge from previous learning experiences. Through a comparative analysis of Hong Kong and Singapore's responses to SARS and COVID‐19, we demonstrate how policy ...
Shubham Sharma, Xun Wu, Gleb Papyshev
wiley +1 more source