Results 21 to 30 of about 716,601 (239)
"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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The Evaluation of Post-Keynesian Economics A Comparative Analysis [PDF]
, 2015 In this article, we will make a comparative analysis of the evaluation and the developments in the Post-Keynesian Economics and then give the properties of Post-Keynesian Economics in terms of their assumptions and methodology, and their macroeconomic ...
Hiç, Özlen
core +2 more sources
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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'New Consensus' New Keynesianism, and the Economics of the 'Third Way' [PDF]
SSRN Electronic Journal, 2003 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
openaire +4 more sources
Yönetim ve Ekonomi, 2021 This study assesses the crisis of 2008 as a fertile ground by positioning against the boundaries drawn by mainstream economics and suggests an introductory path for alternative future visions on the basis of fiscal policy.
Metehan CÖMERT
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Resolving New Keynesian Anomalies with Wealth in the Utility Function [PDF]
Review of Economics and Statistics 103 (2021) 197-215, 2019 At the zero lower bound, the New Keynesian model predicts that output and inflation collapse to implausibly low levels, and that government spending and forward guidance have implausibly large effects. To resolve these anomalies, we introduce wealth into the utility function; the justification is that wealth is a marker of social status, and people ...
arxiv +1 more source
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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Inference on the New Keynesian Phillips Curve with Very Many Instrumental Variables [PDF]
arXiv, 2021 Limited-information inference on New Keynesian Phillips Curves (NKPCs) and other single-equation macroeconomic relations is characterised by weak and high-dimensional instrumental variables (IVs). Beyond the efficiency concerns previously raised in the literature, I show by simulation that ad-hoc selection procedures can lead to substantial biases in ...
arxiv
On the unimportance of commitment for monetary policy [PDF]
arXiv, 2023 In a New Keynesian model where the trade-off between stabilising the aggregate inflation rate and the output gap arises from sectoral asymmetries, the gains from commitment are either zero or negligible. Thus, to the extent that economic fluctuations are caused by sectoral shocks, policies designed to overcome the stabilisation bias are aiming to ...
arxiv
Historical Review of Macroeconomic Theories [PDF]
فصلنامه پژوهشهای اقتصادی ایران, 2005 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