Results 151 to 160 of about 78,583 (246)

New Keynesian Economics [PDF]

open access: yes, 2002
openaire   +1 more source

Optimal monetary policy under commitment with a zero bound on nominal interest rates [PDF]

open access: yes
We determine optimal monetary policy under commitment in a forward-looking New Keynesian model when nominal interest rates are bounded below by zero. The lower bound represents an occasionally binding constraint that causes the model and optimal policy ...
Klaus Adam, Roberto M. Billi
core  

On the Need for New Economic Foundations: A Critique on Mainstream Macroeconomics

open access: yesCadmus, 2012
The body of macroeconomic theory known as the neoclassical-Keynesian synthesis, hereafter mainstream macroeconomics, has dominated the practice of economics since the middle of the twentieth century and is largely unchallenged in institutions that teach ...
Robert Hoffman
doaj  

Post-Keynesian macroeconomics since the mid-1990s: Main developments

open access: yes, 2016
In this paper the main developments in post-Keynesian macroeconomics since the mid- 1990s will be reviewed. For this purpose the main differences between heterodox economics in general, including post-Keynesian economics, and orthodox economics will be ...
Hein, Eckhard
core  

Borrowing Alone The Theory and Policy Implications of the Commodification of Finance [PDF]

open access: yes
Over the past 20 years, finance has become commodified. Firms increasingly obtain finance from securities markets, instead of borrowing from commercial banks with which they have long-term relationships, while Fannie Mae and Freddie Mac package a growing
Greg Hannsgen
core  

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