Philosophy of economics: the analysis of alternative directions
Studia HumanitatisAlternative directions in modern economic theory assume philosophical justification. The paper provides methodological analysis of the following alternative directions in economics: the new Austrian school, modern institutionalism, radical political ...
Gerashchenko Igor Germanovich
doaj
The Interest Rate Effects of Government Debt Maturity: Solving the Bond Conundrum
The World Economy, EarlyView.ABSTRACT Using an empirical model, this paper finds that shortening the average maturity of US Treasury debt held outside the Federal Reserve by 1 year reduces the 5‐year forward 10‐year yield by between 130 and 150 basis points. Based on a pre‐crisis period, these estimates suggest portfolio balance effects are unlikely to reflect only post‐crisis ...
Jagjit S. Chadha +2 more
wiley +1 more source
Post-Keynesian modelling: where are we, and where are we going to? [PDF]
This paper presents the current “state of the art” of Post-Keynesian modelling, as well as the most important issues raised by it. We first present a new formal statement of the Keynes' model, highlighting the importance of the “static model of a dynamic
Asensio, Angel +2 more
core +1 more source
A Post‐Neoliberal European Order? Public Purpose and Private Accumulation in Green Industrial Policy
The Modern Law Review, Volume 88, Issue 4, Page 769-803, July 2025.This article examines the emerging legal rationalities of EU's green industrial policy, questioning if they represent a departure from the neoliberal paradigm that prioritised safeguarding the competitive order. I argue that the European Green Industrial Plan signals a new role for law in the orchestration and balancing of public purpose and private ...
Ioannis Kampourakis
wiley +1 more source
New and Appropriate Economics for the 21st Century: A Survey of Critical Books, 1978-2013
Cadmus, 2012 Economics is an important construct explaining human wealth and well-being. Many economic ideas of the industrial era, however, are not appropriate to 21st century economies, where human and natural capital are increasingly valued, and simplistic ...
Michael Marien
doaj
Dialogue: is New Classical Economics a False Path or an Illuminating Complement to Keynesian Economics? [PDF]
, 2007 Joyce P. Jacobsen, Gilbert L. Skillman
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Understanding the Normalization of the Japanese Economy
Asian Economic Policy Review, Volume 20, Issue 2, Page 187-202, July 2025.ABSTRACT This paper focuses on three aspects of the Japanese economy that deviated from “normalcy”—unconventional monetary policy, unsustainable fiscal policy, and declining growth and productivity. Non‐normality in Japan has developed over the past few decades, but has become more prominent during the Abenomics years starting in 2013.
Takatoshi Ito
wiley +1 more source
Estimating a small DSGE model under rational and measured expectations: some comparisons [PDF]
Using European panel data and GMM system estimation, we explore the empirical performance of the standard three-equation New Keynesian macro model under different informational assumptions.
Paloviita, Maritta
core
A Comparison of New Consensus as a Theoretical Framework of Inflation Targeting with Post-Keynesian Economics [PDF]
, 2010 Jan Korda
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