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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The Cowles Commission Approach, Real Business Cycle Theories, and New Keynesian Economics
Ray C. Fair
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Austerity's afterlives? The case of community asset transfer in the UK
Short Abstract Community infrastructure and the care that it provides has been at the sharp end of swingeing government cuts brought about through austere economics and politics. In the UK, a manifestation, and legacy, of this process is Community Asset Transfer (CAT).
Neil Turnbull
wiley +1 more source
Monetary and Macroprudential Policy and Welfare in an Estimated Four‐Agent New Keynesian Model
Abstract We examine the social and agent‐specific welfare effects of monetary and macroprudential policy in a four‐agent estimated macro‐economic model comprising “banked simple households,” “underbanked simple households,” “firm owners,” and “bank owners.” Optimal capital requirement and loan loss provisions ratios improve all agent‐specific and ...
GEORGE J. BRATSIOTIS, KASUN D. PATHIRAGE
wiley +1 more source
"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 Consensus' New Keynesianism, and the Economics of the 'Third Way' [PDF]
In this paper we seek first to set out the economic analysis that underpins the ideas of what has been termed the "third way." The explicit mention of the "third way" is much diminished since the early days of the Blair government in the UK and the Schroeder government in Germany.
Malcolm Sawyer+2 more
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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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Historical Review of Macroeconomic Theories [PDF]
In this paper, attention is made to study the foundations, patterns, assumptions, logics and hypothesis of macro-economic studies. Also, we try to search the causes of delay in the emergence of macro-economics in relation to micro-economics.
Abbas Shakeri
doaj
THE CONTRIBUTION OF J. M. KEYNES TO THE ANALYSIS OF THE PSYCHOLOGICAL MOTIVES OF ECONOMIC BEHAVIOR
The article examines the contribution of John Maynard Keynes to the study of the psychological motives of economic behavior. The origins of the analysis of the psychological motives in economics before Keynes are reviewed.
M. A. Kozlova
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