Results 71 to 80 of about 597,703 (270)
Housing Crisis or Immiseration? Revisiting the Housing Question under Urban Capitalism
Antipode, EarlyView.Abstract The phrase “housing crisis” proliferates in media, politics, and scholarship, and has become the go‐to compound noun for depicting the urgency of the manifold social ills associated with widespread, deteriorating housing affordability. Instead of referring to a temporally and spatially bound event, however, the phrase now has become a ...
Ståle Holgersen, Timothy Blackwell
wiley +1 more source
2022-11 Peter Howitt – a Keynesian Still in Recovery [PDF]
, 2022 Peter Howitt is best known for his contributions to growth theory, but his work in short-run economics, which began with his Ph.D thesis and still continues, is important and deserves attention.
Laidler, David
core +1 more source
After a brief review of classical, Keynesian, New Classical and New Keynesian theories of macroeconomic policy, we assess whether New Keynesian Economics captures the quintessential features stressed by J.M. Keynes.
Frederick van der Ploeg
core
, 2006 This note critically evaluates the New Classical Macroeconomics from a Marshallian perspective. Revisiting the famous Keynes-Tinbergen controversy, it is argued that Keynes' criticism comprises the "Lucas critique," and that it is misleading to label ...
Bindseil, U. +3 more
core +2 more sources
The Long March Through the Institutions and the Fifth Wave of Juridification
Constellations, EarlyView.
Olof Hallonsten
wiley +1 more source
The Role of Taxes as Automatic Destabilizers in New Keynesian Economics [PDF]
This paper analyses the effects of taxation in New Keynesian economics. The results show that taxes contribute to price and wage stickiness and, moreover, that the resulting fluctuations in welfare are magnified by the presence of taxes.
Claus Thustrup Hansen +1 more
core
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
doaj +1 more source
New Keynesian economics : a monetary perspective [PDF]
In this article we construct a simple analytically tractable model to explore and evaluate New Keynesian ideas. First, we show that a New Keynesian model need not exhibit Phillips curve correlations in the absence of strategic price setting by firms ...
Stephen D. Williamson
core
The Origin and the Resolution of Nonuniqueness in Linear Rational Expectations [PDF]
arXiv, 2018 The nonuniqueness of rational expectations is explained: in the stochastic, discrete-time, linear, constant-coefficients case, the associated free parameters are coefficients that determine the public's most immediate reactions to shocks. The requirement of model-consistency may leave these parameters completely free, yet when their values are ...
arxiv
The Welfare of Ramsey Optimal Policy Facing Auto-Regressive Shocks [PDF]
Economics Bulletin, Economics Bulletin, 2020, 40 ((2)),
pp.1797-1803, 2020 With non-controllable auto-regressive shocks, the welfare of Ramsey optimal policy is the solution of a single Riccati equation of a linear quadratic regulator. The existing theory by Hansen and Sargent (2007) refers to an additional Sylvester equation but miss another equation for computing the block matrix weighting the square of non-controllable ...
arxiv