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Evolution of New Keynesian Economics
Procedia Computer Science, 2019 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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Two Different Views on Monetary Policy Impact: The New Consensus and Post-Keynesian Economics [PDF]
Theoretical and Applied Economics, 2007 The objective of this study is to make a synthesis of the differences between two new macroeconomic views. A New Consensus has arisen among neoclassical and New-Keynesian economists, such as Romer, Taylor and Walsh.
Marius-Corneliu Marinas
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Economic throught the prism of new Keynesian economics [PDF]
, 2014 In this paper we will 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 the influences of nominal vs. real rigidities. We also find that new contracts exhibit very low
Krume Nikoloski +2 more
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Perkembangan teori ekonomi mikro
Economic Journal of Emerging Markets, 2016 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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Keynes: The second coming? [PDF]
Panoeconomicus, 2021 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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Monetary and Macroprudential Policy and Welfare in an Estimated Four‐Agent New Keynesian Model
Journal of Money, Credit and Banking, EarlyView., 2023 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
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"The General Theory of Employment, Interest and Money" J. M. Keynes: Background, Methodology and Specific Interpretations [PDF]
Журнал институциональных исследований, 2016 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?
Журнал институциональных исследований, 2021 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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Renouveler la macroéconomie postkeynésienne ? Les modèles stock-flux cohérent et multi-agents
Revue de la Régulation, 2014 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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THE CONTRIBUTION OF J. M. KEYNES TO THE ANALYSIS OF THE PSYCHOLOGICAL MOTIVES OF ECONOMIC BEHAVIOR
Vestnik MGIMO-Universiteta, 2016 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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