On the Low Degree of Entropy Implied by the Solutions of Modern Macroeconomic Models. [PDF]
Entropy (Basel), 2022 Nymoen R.
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Price Rigidity and Flexibility: Recent Theoretical Developments [PDF]
The price system, the adjustment of prices to changes in market conditions, is the primary mechanism by which markets function and by which the three most basic questions get answered: what to produce, how much to produce and for whom to produce.
Levy, Daniel
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On the Need for New Economic Foundations: A Critique on Mainstream Macroeconomics
Cadmus, 2012 The body of macroeconomic theory known as the neoclassical-Keynesian synthesis, hereafter mainstream macroeconomics, has dominated the practice of economics since the middle of the twentieth century and is largely unchallenged in institutions that teach ...
Robert Hoffman
doaj
A Post Keynesian theory of economic policy - filling a void [PDF]
The traditional theory of economic policy of the Tinbergen-Theil-type has come under severe criticism: in the ontological setting of the New Classical Macroeconomics based on the Rational Expectations Hypothesis (REH), economic policy is ineffective or ...
Heise, Arne
core
Do government outlays crowd-out private consumption? Evidence from the European Union. [PDF]
PLoS OneBölükbaşı ÖF, Çolak O.
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The symmetric and asymmetric impacts of external debt on economic growth in Tunisia: evidence from linear and nonlinear ARDL models. [PDF]
SN Bus Econ, 2023 Aloulou R, Kalai M, Helali K.
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Endogeneity, Knowledge and Dynamics of Long Run Capitalist Economic Growth. [PDF]
The revival of interest in economic growth and technological leadership issues has resulted in the re-examination of the theoretical foundations of the economics of growth.
Chaudhri, D.P., Wilson, E.J.
core
Selected Methods for Designing Monetary and Fiscal Targeting Rules Within the Policy Mix Framework. [PDF]
Entropy (Basel)Przybylska-Mazur A.
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Optimal monetary policy under commitment with a zero bound on nominal interest rates [PDF]
We determine optimal monetary policy under commitment in a forward-looking New Keynesian model when nominal interest rates are bounded below by zero. The lower bound represents an occasionally binding constraint that causes the model and optimal policy ...
Klaus Adam, Roberto M. Billi
core
Making economic citizens beyond neoliberalism: Historical trajectories of a banker association's efforts in economic education. [PDF]
Eur Educ Res JRuoss T.
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