A VAR Analysis for the Growth Regime and Demand Formation Patterns of the Japanese Economy
Revue de la Régulation, 2011 This study examines the income distribution and demand formation pattern of the Japanese economy using the VAR model. The post-Keynesian model is used for theoretical reference. The VAR model in this paper includes income distribution, consumption growth
Hiroshi Nishi
doaj +1 more source
Measurement of Economic Growth, Development and Under Development: New Model and Application [PDF]
arXiv, 2017 This paper presents a simple model to measure the relative economic growth of economic systems. The model considers S-Shaped patterns of economic growth that, represented with a linear model, measure how an economic system grows in comparison with another one. In particular, this model introduces an approach which indicates if the economic system has a
arxiv
The role of complex analysis in modeling economic growth [PDF]
, 2018 Development and growth are complex and tumultuous processes. Modern economic growth theories identify some key determinants of economic growth. However, the relative importance of the determinants remains unknown, and additional variables may help clarify the directions and dimensions of the interactions.
arxiv +1 more source
Money, credit and the interest rate in Marx's economic. On the similarities of Marx's monetary analysis to Post-Keynesian economics [PDF]
In this paper we have taken issue with those Marxian and post-Keynesian views which neglect the broad similarities between Marx’s economics and post-Keynesian approaches in the field of money, credit and the rate of interest.
Hein, Eckhard
core +1 more source
Financialization or Capitalization? Debating Capitalist Power in South Korea in the Context of Neoliberal Globalization [PDF]
, 2016 capital as power chaebol developmental state financialization institutional political economy Marxian economics post-Keynesian economics South KoreaThe article reviews debates concerning financialization in South Korea, with a focus on ongoing arguments ...
Doucette, Jamie, Park, Hyeng-Joon
core
The spread of Keynesian economics : a comparison of the Belgian and Italian experiences [PDF]
Keynesian economics dominated economic thought and macroeconomic policy-making in the 1950s and 1960s. However, the diffusion of Keynesian economics has been uneven.
Ivo Maes
core
JCMS: Journal of Common Market Studies, EarlyView.Abstract How do Eurosceptic parties position themselves regarding individual European Union (EU) institutions? Using Euromanifesto data from 1979 to 2019, this study addresses this question by disaggregating the attitudes of party families towards separate intergovernmental and supranational EU institutions.
Nikolai Gad +2 more
wiley +1 more source
Ecological macroeconomics: a methodological review
Economia e SociedadeThe paper aims to analyse and provide an overview of the emerging ecological macroeconomic approach from a methodological point of view. As with ecological economics, this emerging approach is being constituted by a methodologically plural set of studies.
Beatriz Macchione Saes +1 more
doaj +1 more source
Econophysics of Business Cycles: Aggregate Economic Fluctuations, Mean Risks and Mean Square Risks [PDF]
arXiv, 2017 This paper presents hydrodynamic-like model of business cycles aggregate fluctuations of economic and financial variables. We model macroeconomics as ensemble of economic agents on economic space and agent's risk ratings play role of their coordinates. Sum of economic variables of agents with coordinate x define macroeconomic variables as functions of ...
arxiv
Generalizing Determinacy under Monetary and Fiscal Policy Switches: The Case of the Zero Lower Bound
Journal of Money, Credit and Banking, EarlyView.Abstract In a fixed‐regime context, it has been established since the work of Leeper (1991) that a determinate and unique equilibrium can be achieved under both monetary dominance (characterized by an active monetary policy and a passive fiscal policy) and fiscal dominance (characterized by an active fiscal policy and a passive monetary policy) regimes
SEONGHOON CHO, ANTONIO MORENO
wiley +1 more source