The Macroeconomic Effects of Military Buildups in a New Neoclassical Synthesis Framework [PDF]
The authors study the macroeconomic consequences of large military buildups using a New Neoclassical Synthesis (NNS) approach that combines nominal rigidities within imperfectly competitive goods and labour markets.
Alain Paquet +2 more
core
Catching-up, Inflation Differentials and Credit Booms in a Heterogeneous Monetary Union: Some Implications for EMU and new EU Member States [PDF]
In this paper we propose an alternative explanation for the nature, sources and consequences of inflation rate differentials in a monetary union, such as EMU.
Cezary Wójcik, Ronald MacDonald
core
On the Need for New Economic Foundations: A Critique on Mainstream Macroeconomics
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
Behavioral economics: science or exoticism?
While studying economics as a science and an active sphere of human activity, scientists aim to give consistency to their knowledge, ensure that they are adequate and constructive.
I. N. Drogobytsky
doaj
Implementation of digital technologies in the management of sports infrastructure facilities
The study is aimed at solving current problems of increasing the efficiency of management of sports infrastructure facilities based on the introduction of digital technologies and improving the methodological foundations for monitoring its development ...
O. N. Vishnjakova
doaj +1 more source
Heterodox modeling: practicing well-tuned provisioning or commoning with networked multi-agent environments. [PDF]
Miyazaki S.
europepmc +1 more source
Marvin Goodfriend: economist and central banker. [PDF]
Marshall DA.
europepmc +1 more source
Keynesian Dynamics and the wage price spiral. A baseline disequilibrium approach [PDF]
We reformulate the AS-AD growth model of the Neoclassical Synthesis (Stage I) with its traditional microfoundations. The model still has an LM curve in the place of a Taylor interest rate rule, exhibits sticky wages as well as sticky prices, myopic ...
P. Chen, T. Asada
core
The New Classical Counter-Revolution: False Path or Illuminating Complement? [PDF]
In this paper the author responds to Laurence Seidman’s recent article, ‘The New Classical Counter-Revolution: A False Path for Macroeconomics’. The author challenges the view that new classical macroeconomics has been a false path and provides a ...
Brian Snowdon
core
Catching-up and Credit Booms in Central and Eastern European EU Member States and Acceding Countries: An Interpretation within the New Neoclassical Synthesis Framework [PDF]
Credit to the private sector has risen rapidly in many Central and Eastern European EU Member States (MS) and acceding countries (AC) in recent years. The lending boom has recently been particularly strong in the segment of loans to households, primarily
Cezary Wójcik, Peter Backé
core

