Results 11 to 20 of about 21,399,022 (251)
ECONOMIC THOUGHT THROUGH THE PRISM OF NEW KEYNESIAN ECONOMICS [PDF]
In this paper I study the relation between real wage rigidity and nominal price and wage rigidities. We formulate a generalized price-setting framework that incorporates staggered contracts of multiple durations and that enables us to directly identify
KRUME NIKOLOSKI +2 more
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NEW KEYNESIAN ECONOMICS AND POST-KEYNESIAN ECONOMICS: THEIR VALIDITY [PDF]
Temelini Keynesgil Sistem’den alan çağdaş Yeni Keynesgil İktisat ABD’de, çağdaş Post-Keynesgil İktisat ise İngiltere’de ortaya atılmıştır. Bu iki okulun ortak noktası, ekonominin kısa dönemde (KD) eksik istihdam dengesine (EİD) gelmesi sonucudur. Yeni Keynesgil iktisatçıların çoğunluğu, rasyonel beklentiler hipotezini (RBH) kabul etmekle beraber tam ...
HİÇ BİROL, Özlen +1 more
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Perkembangan teori ekonomi mikro
Perkembangan paling mutakhir menunjukkan bangkitnya kembali ekonomi makro Keynesian yang menjelma menjadi New Keynesian Economics dengan implikasi kebijaksanaan yang sama.
Akhsyim Afandi
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Keynesian, New Keynesian, and New Classical Economics [PDF]
Formal developments of the Keynes's General Theory, while attempting to achieve a new classical synthesis of the realities of observed macroeconomic fluctuation and unemployment with classical microeconomics, have come to be surprisingly closely tied to the old classical models.
Stiglitz, Joseph E., Greenwald, Bruce C.
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Keynes: The second coming? [PDF]
This article outlines principles of a modernised macroeconomic framework, drawing on John Maynard Keynes. It explores the historical context in which Keynes’ economic theory arose, and the history of its application and subsequent replacement by
Skidelsky Robert
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On the Indeterminacy of New-Keynesian Economics [PDF]
We study identification in a class of three-equation monetary models. We argue that these models are typically not identified. For any given exactly identified model, we provide an algorithm that generates a class of equivalent models that have the same reduced form.
Andreas Beyer, Roger E. A. Farmer
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"The General Theory of Employment, Interest and Money" J. M. Keynes: Background, Methodology and Specific Interpretations [PDF]
The paper was prepared for the 80-th anniversary of publishing of John Maynard Keynes’ “General Theory of Employment, Interest and Money”. It discusses the stages of the economist’s life, the main books written prior to "The General Theory ...
Nureev Rustem, M.
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Institutionalisms in Economics: What are Behinds Their Variety?
The institutional approach in economic science arose, as is known, more than a century ago and is now called "the original institutional economics." In the middle of the last century, an alternative version of this approach emerged, called the "new ...
Vitaly L. Tambovtsev
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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 ...
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Renouveler la macroéconomie postkeynésienne ? Les modèles stock-flux cohérent et multi-agents
The 16th issue of the Regulation review renews the opportunity of an exchange on the post Keynesian current approach (cf. n°10), especially on post Keynesian macroeconomic modeling.
Mickaël Clévenot, Edwin Le Héron
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