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
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Un criterio de eficiencia para la concepción y evaluación de las políticas públicas [PDF]
This paper seeks to emphasize the convenience of transactional efficiency, proposed by new institutional economics, in relation to Pareto equilibrium, proposed by neoclassic economics.
Erika López Pontón
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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
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On the psychological basis of economics and social psychology [PDF]
Neoclassical economic theory, with its roots (partly) in the marginal revolution of the Nineteenth Century, has been the dominant paradigm for economic thought throughout most of the Twentieth Century?up to the present day.
Thomas E. Chamberlain
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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
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Economic Imperialism in Education Research: A Conceptual Review. [PDF]
Educ Res, 2022 Jabbar H, Menashy F.
europepmc +1 more source
ALGUNAS IDEAS SOBRE LA TEORÍA MACROECONÓMICA ACTUAL
Cuadernos de Economía, 2001 El objetivo del ensayo es mostrar las principales líneas de desarrollo de la teoría macroeconómica moderna. Se presentan los principales rasgos del debate que se dio a 10 largo del siglo veinte, desde la revolución keynesiana de los años treinta y ...
Enrique López
doaj
The Two Triangles: what did Wicksell and Keynes know about macroeconomics that modern economists do not (consider)? [PDF]
The current consensus in macroeconomics, as represented by the New Neoclassical Synthesis, is to work within frameworks that combine intertemporal optimization, imperfect competition and sticky prices.
Hans-Michael Trautwein +2 more
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Output Fluctuations and Monetary Shocks [PDF]
Using annual data for Colombia over the last thirty years and a new battery of econometric techniques, we test opposing theories that explain macroeconomic fluctuations: The neoclassical synthesis, which posits that, in the presence of temporary price ...
Reinhart, Carmen, Reinhart, Vincent
core +1 more source
What Will Be the Impact of the COVID-19 Pandemic on the Human Capital and Economic Growth? Evidence from Eurozone. [PDF]
J Knowl Econ, 2023 Chaabouni S, Mbarek MB.
europepmc +1 more source