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Post-Keynesian Empirical Research and Debate on Financial Market Development [PDF]

open access: yes, 2014
Current research often highlights the importance of financial markets as well as financial system development. However, the current literature in this field still fails to adequately explain the relationship between financial market and macroeconomic ...
Chaiechi, Taha
core   +1 more source

Rescaling the Developmental State: Competitive Shrinkage Governance and the Spatial Restructuring of Higher Education in South Korea

open access: yesAsia Pacific Viewpoint, EarlyView.
ABSTRACT Against the backdrop of sustained demographic contraction across the Asia‐Pacific, the developmental state (DS) paradigm, long premised on growth, faces profound challenges. While existing research on shrinking regions focuses on urban planning, little attention has been paid to how the state restructures its spatial power under contraction ...
Li Mingfeng
wiley   +1 more source

The Relational Character of Canadian Nation‐Building Infrastructure in the 21st Century

open access: yesCanadian Public Administration, EarlyView.
Abstract Infrastructure development is central to Canada's nation‐building process. This article argues that the federal government has recalibrated its nation‐building mandate from unilateral state command to relational orchestration. Through thematic analysis of thirty‐eight policy documents related to three federal infrastructure plans (2007–2016 ...
Alaz Munzur, Katharina Koch
wiley   +1 more source

Job Guarantee: a Structuralist Perspective

open access: yesRevue de la Régulation, 2014
This paper aims at formalising and assessing the validity of the critiques of the Job Guarantee (JG) policy proposed by Minsky (1965). In order to do so, we develop a multisectoral Post-Keynesian Stock-Flow Consistent (PK-SFC) model. Our paper is a step,
Antoine Godin
doaj   +1 more source

Economic Power of Political Leaders: Evidence From Central Leaders' Local Tours in China

open access: yesThe Developing Economies, EarlyView.
ABSTRACT Do political leaders play a role in shaping economic outcomes? Can we quantify and compare the economic influence of contemporary political leaders? This paper examines the economic impact of autocratic leadership through the lens of firm visits in China, offering a unique empirical strategy to assess their influence.
Asei Ito, Jaehwan Lim, Hongyong Zhang
wiley   +1 more source

A (Post-) Keynesian perspective on "financialisation" [PDF]

open access: yes
Post-Keynesian demand driven distribution and growth models, based on the notion of distribution conflict between different groups, have been critical regarding the macroeconomic effects of 'financialisation'. In the present paper, firstly, we attempt to
Eckhard Hein
core  

KEYNESIAN CONSIDERATIONS IN THE POST-NEOLIBERAL ERA [PDF]

open access: yesAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2012
Based on the fact that the present financial and economic crisis is at the same time a crisis of contemporary economic thinking, this paper aims to interpret the collapse of mainstream economics from a Keynesian point of view.
Cărămidariu Dan-Adrian
doaj  

Central bank independence with procedural accountability

open access: yesEconomic 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
wiley   +1 more source

Teaching Post Keynesian Exchange Rate Theory [PDF]

open access: yes
The goal of this paper is to provide a model and method for those wishing to include the Post Keynesian perspective when teaching exchange rate theory. It begins by reviewing neoclassical approaches (purchasing power parity, the monetary model, and the ...
John Harvey
core  

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