The principle of effective demand: Marx, Kalecki, Keynes and beyond [PDF]
The principle of effective demand, and the claim of its validity for a monetary production economy in the short and in the long run, is the core of heterodox macroeconomics, as currently found in all the different strands of post-Keynesian economics ...
Hein, Eckhard
core
Kaldor, Hicks and Goodwin Meet the Supermultiplier: On Growth Cycles and Autonomous Demand
ABSTRACT This paper presents an approach to reconciling short‐run business cycles with long‐run growth in macroeconomic models. It addresses recent criticisms of supermultiplier models by developing a framework that combines investment‐driven cycles with autonomous demand‐led growth in the long run.
Ettore Gallo
wiley +1 more source
A Keynesian perspective on the health economics of kidney transplantation would strengthen the value of the whole organ donation and transplantation service. [PDF]
Leonardis F +10 more
europepmc +1 more source
The role of labor in a socio-ecological transition: combining post-Keynesian and ecological economics perspectives* [PDF]
Birte Strunk, Stefan Ederer, Armon Rezai
openalex +1 more source
Unit roots in macroeconomic time series: a post Keynesian interpretation [PDF]
The theme of unit roots in macroeconomic time series has received a great amount of theoretical and applied research in the last two decades. This paper focuses on the implications of the existence of unit roots for macroeconomic theorizing. It is argued
Gilberto A. Libanio
core
ABSTRACT The need for risk assessments to take full account of uncertainty by going beyond probability and creating an expectation for surprises has recently been highlighted in this journal. This paper sets out an adaptation to the Intuitive Logics (IL) scenario‐planning method that assists risk assessors to achieve this aim.
James Derbyshire +4 more
wiley +1 more source
Can money supply endogeneity influence bank stock returns? A case study of South Asian economies. [PDF]
Liu L +6 more
europepmc +1 more source
Are conventions solutions ? Contrasting visions of the relationship between convention and uncertainty [PDF]
This paper maps out different conceptions and dynamic accounts of convention developed within game theory, Post Keynesian economics and the économie des conventions.
Franck Bessis +2 more
core
Debt targets and fiscal consolidation in a Euro Area HANK model
This paper develops a world economy HANK model for the Euro Area (EA) Core and Periphery, which captures key features of EA cross‐ and within‐country heterogeneity, to study debt target reforms. We show that fiscal consolidation under the current EA institutional arrangements is quite costly across and within countries, particularly affecting ...
Xiaoshan Chen +2 more
wiley +1 more source
La théorie post-keynésienne et la recherche empirique [PDF]
The paper argues that post-Keynesian theory has reached a third stage in its development, that of empirically validating its arguments. The failure of the alternative neoclassical paradigm to meet any of the necessary empirical tests — the correspondence,
Eichner, Alfred S.
core +1 more source

