Results 141 to 150 of about 21,399,022 (251)

Pseudo, or Not? Neo‐Goodwinian Growth Cycles With Financial Linkages

Metroeconomica, Volume 77, Issue 4, Page 422-437, November 2026.
ABSTRACT A profit‐led Goodwin mechanism generates the observed counterclockwise activity–labor share cycle. Introducing a financial linkage can reproduce this pattern even when demand is not profit‐led. This paper extends neo‐Goodwinian theory by incorporating the valuation ratio into a four‐dimensional model.
Rudiger von Arnim, Luis Felipe Eick
wiley   +1 more source

Inflation Forecasts and the New Keynesian Phillips Curve [PDF]

The ability of the New Keynesian Phillips curve to explain US inflation dynamics when official central bank forecasts (Greenbook forecasts) are used as a proxy for inflation expectations is examined.
Sophocles N. Brissimis, Nicholas S. Magginas   +1 more
core  

Racial Inequality, Growth and Distribution

Metroeconomica, Volume 77, Issue 4, Page 379-391, November 2026.
ABSTRACT A post‐Keynesian‐Kaleckian model along structuralist lines is developed to incorporate the issue of racial inequality into the analysis of growth and distribution. It draws on ideas presented in the literature about the relationship between class inequality between capitalists and workers, and racial inequality between White and Black workers,
Amitava Krishna Dutt
wiley   +1 more source

Would Keynes Be a New Keynesian? [PDF]

Proponents of New Keynesian Economics (NKE) have defined their research agenda as within the Keynesian tradition where a market (supply) failure (i.e., a coordination failure) induces nominal wage/price fixities.
Paul Davidson
core  

Contractionary Effects of Devaluation and the Balance Sheet Effect in a Macroeconomic Model With Heterogeneous Firms

Metroeconomica, Volume 77, Issue 4, Page 326-340, November 2026.
ABSTRACT We propose a demand‐led heterogeneous firm macroeconomic model to study the impact of an exchange rate devaluation on output and financial stability. We simulate the model and find that, in the presence of foreign debt, a devaluation can have contractionary effects.
Lucca Gustafson Rodrigues, Lílian Rolim, Laura Carvalho   +2 more
wiley   +1 more source

Revising Structuralism in Times of Crisis: Lance Taylor and the Neo‐Structuralist Synthesis in the 1980s

Metroeconomica, Volume 77, Issue 4, Page 365-378, November 2026.
ABSTRACT This article places the work of Lance Taylor in the broader context of efforts in the 1980s to renew the structuralist tradition of development economics, into what was then newly coined as neo‐structuralism. These efforts centred around three groups: CEPAL, Lance Taylor and his team at MIT, and a group of economists based at the Institute of ...
Andrew M. Fischer
wiley   +1 more source

A Comparison of New Consensus as a Theoretical Framework of Inflation Targeting with Post-Keynesian Economics

The article deals with the relationship of post-Keynesian economics to new consensus as a theoretical framework of inflation targeting. First, new consensus with its roots in Wicksell´s approach is briefly introduced.
Jan Korda
core  

Comment to "Weak instruments robust tests in GMM and the New Keynesian Phillips curve" by Frank Kleibergen and Sophocles Mavroeidis [PDF]

I discuss the identifiability of a structural New Keynesian Phillips curve when it is embedded in a small scale dynamic stochastic general equilibrium model.
Fabio Canova
core  

Keynesian Economics after Fifty Years

KEYNESIAN ECONOMICS AFTER FIFTY YEARS Keynesian Economics after Fifty Years ...
Kaldor, Nicholas
core   +1 more source

Pandemic Preference Shocks and Inflation in a New Keynesian Model. [PDF]

Atl Econ J, 2022
Craighead WD.
europepmc   +1 more source