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How to derive keynesian results from first principles: A survey of new-Keynesian economics

De Economist, 1993
In the 1980s theoretical research in macroeconomics was dominated by what has become known as new-Keynesian economics. The principal aim of new-Keynesian economics is to explain how Keynesian results can be reconciled with the neo-classical principles of utility and profit maximization.
H Vanees, Harry Garretsen
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Keynes, Cambridge, and the New Keynesian Economics

1993
There is something very basic and relevant about the phenomenon Keynes labeled “involuntary unemployment.” Modern industrial economies exhibit recurrent episodes of insufficient employment opportunities for all of the available workforce. These workers lose (as opposed to giving up) employment for general systemic reasons that generate less than ...
Michael S. Lawlor
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The Role of Imperfect Competition in New Keynesian Economics

2001
The adjective ‘new Keynesian’ was introduced in the mid-1980s and refers to a body of work which was published over a period beginning in the mid-1970s. Whilst the term clearly applies to papers written since 1980, it has also been applied retrospectively to some work written before that.
Huw Dixon
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Post-Keynesian Economics: New Foundations by Marc LavoieChapter 8: Inflation Theory

Review of Political Economy, 2023
The conflicting claims approach to the theory of inflation so thoroughly surveyed and well presented in Chapter 8 of Lavoie's [(2022). Post-Keynesian Economics. New Foundations.
J. Braga, Franklin Serrano
semanticscholar   +1 more source

Post-Keynesian Economics: New Foundations, by Marc LavoieChapter 6: Accumulation and Capacity

Review of Political Economy, 2023
This article reviews the chapter on growth and distribution of the 2022 edition of the book Post-Keynesian Economics: New Foundations by Marc Lavoie.
Lídia Brochier
semanticscholar   +1 more source

Post-Keynesian Economics: New Foundations, by Marc LavoieChapter 5: Effective Demand and Employment

Review of Political Economy, 2023
This article examines Chapter 5 ‘Effective Demand and Employment’ in Post-Keynesian Economics: New Foundations by Marc Lavoie. This chapter covers one of the most distinctive contributions of the post-Keynesians, and one of its most profound insights ...
Peter Kriesler
semanticscholar   +1 more source

The new Keynesian economics

1994
The Elgar Companion to Austrian Economics is a major new reference work which highlights the common ground between all the branches of the school while demonstrating the breadth and diversity within it. The Companion reflects the many areas where Austrian economists have made contributions, including technical economics, methodology of the social ...
BENASSI C.   +2 more
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New Keynesian economics, volume 2

International Review of Economics & Finance, 1993
W. D. Lastrapes
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