Results 121 to 130 of about 601,094 (287)
Metroeconomica, Volume 76, Issue 2, Page 272-296, May 2025.Abstract This paper considers Global Value Chains by developing an open Leontief input‐output model for which household consumption is endogenously determined—the Type II framework. Three specific contributions are: an extension of the Type II input‐output model to a multi‐country setting; its empirical modelling using trade‐linked input‐output tables;
Andrew B. Trigg +3 more
wiley +1 more source
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
Modern Democratic Left and Economic Crisis
Anali Hrvatskog Politološkog Društva, 2011 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
New Keynesian models: not yet useful for policy analysis [PDF]
Macroeconomists have largely converged on method, model design, reduced-form shocks, and principles of policy advice. Our main disagreements today are about implementing the methodology. Some think New Keynesian models are ready to be used for quarter-to-
Ellen R. McGrattan +2 more
core
Institutional Changes, Effective Demand, and Inequality: A Structuralist Model of Secular Stagnation
Metroeconomica, EarlyView.ABSTRACT This paper addresses the factors driving economic stagnation and inequality in the US over recent decades. We study a demand‐driven model with joint adjustment of the functional distribution and capacity utilization in the short run, and explore the dynamics of wealth accumulation and labor productivity growth in the long run.
Vinicius Curti Cícero, Daniele Tavani
wiley +1 more source
Excertos da Historia Keynesiana [PDF]
arXivThis article analytically describes the contributions of Keynesian theory in the post-World War I context, by means of a synoptic reading of the bibliographical sources indicated, the Keynesian theory within its own historical and philosophical context. The discussion covers the main concepts of his theory.
arxiv
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
Real‐Time Data, Revisions and the Predictive Ability of DSGE Models
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT We evaluate the impact of real‐time macroeconomic data and data revisions on the forecasting performance of DSGE models in the US and the euro area. We identify significant differences in data revisions between the two world regions: Negative revisions (due to overestimation in early data releases) are prevalent in the US, while the euro area ...
Jan Čapek +3 more
wiley +1 more source
Policy Studies Journal, EarlyView.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