Results 61 to 70 of about 21,399,022 (251)
Behavioral Macroeconomics and the New Keynesian Model [PDF]
The contribution of this paper is twofold. First, a thorough presentation of the state of the art of the New Keynesian Macroeconomic model is provided.
Jan-Oliver Menz
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Erasmus Journal for Philosophy and Economics, 2010 This paper deals with the concepts of science and social control to be found within interwar institutional economics. It is argued that these were central parts of the institutionalist approach to economics as the key participants in the movement ...
Malcolm Rutherford
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Central bank independence with procedural accountability
Economic Affairs, EarlyView.Abstract Independent central banks must be effectively accountable, particularly when they engage in discretionary policies during a crisis. We argue that ex post assessment of central bank performance is insufficient for proper accountability. Using the inflationary episode that followed the Covid‐19 pandemic, we show that a central bank explicitly ...
Juan E Castañeda, Paola Romero
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History of economic thought in the post-Keynesian tradition [PDF]
, 2002 First paragraph: Casual inspection ofthe post-Keynesian literature, like other heterodox literatures, reveals an extent ofref erence to historical texts and analysis ofthe se texts that is unusual in modern economics, although not in earlier economic ...
Dow, Sheila, Sheila C. Dow
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European Financial Management, EarlyView.ABSTRACT In the face of climate change, uncertainty is deep, systemic, and does not propagate amid an institutional vacuum, contrary to assumptions often underlying existing macroeconomic climate models. The paper presents a macroeconomic Stock‐Flow Consistent model to examine the impact of climate‐related financial pressures under fundamental ...
Riccardo D'Orsi
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A New Keynesian Workbook [PDF]
A large literature has recently developed to place the New Keynesian framework for analyzing business cycle fluctuations and the conduct of monetary policy into undergraduate economics curricula.
Pavel S. Kapinos
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Key Ideas of Keynesianism, Historical Context, and Contemporary Influence
Кібернетика та комп'ютерні технологіїIntroduction. In 1936, John Maynard Keynes published his work “The General Theory of Employment, Interest and Money”, which was a response to the challenges of the Great Depression.
Olena Volovyk
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The place of The General Theory in the economics canon
Iberian Journal of the History of Economic Thought, 2020 This paper presents in non-technical language an interpretation of the argument of The General Theory, which is the importance of effective demand and its relation to human agency.
Constantinos Repapis
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When in Doubt, Tax More Progressively? Uncertainty and Progressive Income Taxation
International Economic Review, EarlyView.ABSTRACT We study the optimal income tax problem under parameter uncertainty about household preferences and wage dynamics. We derive conditions characterizing how such uncertainty affects optimal tax policy. To quantify the effect, we estimate a life‐cycle model using US data and a Bayesian approach.
Minsu Chang, Chunzan Wu
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