Towards an institutional "landscape" view of modern money creation mechanisms and some reflections on their ecological significance. [PDF]
Hook A.
europepmc +1 more source
ABSTRACT This article examines the academic literature and reports on Colombia's National Development Plans over the past 50 years. It aims to identify the central debates regarding Colombia's development model, addressing a series of contradictions, path‐dependent outcomes, salient variations, and issue framing.
Alberto Lioy, Felipe Jaramillo Ruiz
wiley +1 more source
Endogenous Persistence at the Effective Lower Bound [PDF]
We develop a perfect foresight method to solve models with an interest rate lower bound constraint that nests OccBin/DynareOBC and \cite{Eggertsson2010}'s as well as \cite{Mertens2014}'s pen and paper solutions as special cases. Our method generalizes the pen-and-paper solutions by allowing for endogenous persistence while maintaining tractability and ...
arxiv
Stagflation and the Rejection of Keynesian Economics: A Case of Naive Falsification [PDF]
In this paper I employ Imre Lakatos's methodology of scientific research programs to scrutinize the idea that stagflation in the 1970s falsified the Keynesian research program.
Zinn, Jesse
core +2 more sources
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
What kind of innovation state matters for social justice? Learning from Poulantzas and going beyond. [PDF]
Papaioannou T.
europepmc +1 more source
Modelos novo-keynesianos de rigidez de preços e de inflação: evidência empírica para o Brasil
This paper tests the empirical validity of New Keynesian staggered prices models for Brazil, in the nineties.The key concern is to explain inflation and prices stickiness and output dynamics assuming that the inflation rate is rigid, which makes it ...
Charles Lima de Almeida+2 more
doaj
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
The German media as amplifier of the political agenda: The economic policy framing of European conflicts in times of COVID-19. [PDF]
Teschendorf VS.
europepmc +1 more source