Results 11 to 20 of about 128,050 (233)
New-Keynesian economics: An AS–AD view [PDF]
Abstract A simple New-Keynesian model is set out with AS–AD graphical analysis. The model is consistent with modern central banking, which targets short-term nominal interest rates instead of money supply aggregates. This simple framework enables us to analyze the economic impact of productivity or mark-up disturbances and to study alternative ...
Pierpaolo Benigno
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The State of New Keynesian Economics: A Partial Assessment [PDF]
In August 2007, when the first signs emerged of what would come to be the most damaging global financial crisis since the Great Depression, the New Keynesian paradigm was dominant in macroeconomics.
Jordi Galı́
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Evolution of New Keynesian Economics
Abstract In this article, the developments in the New Keynesian Economics which sprang up in USA during the ‘80s will be discussed and then the properties of the Keynesian Economics in terms of their assumptions and models will be analyzed. New Keynesian Economics is based upon the Keynesian System also considers that when the economy left to itself
Özlen Hiç
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Introduction to Post-Keynesian Economics: New Foundations by Marc Lavoie [PDF]
As post-Keynesian economics is nearing its 50th anniversary (see Rochon 2023), it is an opportunity to reflect on what Lavoie (2022, p. 34) calls the ‘institutionalization of postKeynesian economics’, that is the state of post-Keynesian conferences ...
Sylvio Antonio Kappes +1 more
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FORMATION AND MAIN IDEAS OF THE NEW KEYNESIAN ECONOMICS
The world economy and the phenomena that emerge in it are developing so rapidly in the current environment that traditional scientific schools, methods or recommendations are unable to actively explain them, let alone provide practical recommendations to
Taras Ivashkiv, Тetyana Рertsovych
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The Role of Taxes as Automatic Destabilizers in New Keynesian Economics
Henrik Kleven, Claus Thustrup Hansen
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Marc Lavoie’s very long (74-page), very stimulating and sometimes very provocative first chapter has the title ‘Essentials of heterodox and post-Keynesian economics’.
J. E. King
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Methodological Issues and the New Keynesian Economics
Joseph E. Stiglitz
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The Cowles Commission Approach, Real Business Cycle Theories, and New Keynesian Economics
Ray C. Fair
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The New Keynesian Economics and the Output-Inflation Trade-Off
Laurence Ball +6 more
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