Keynesian Theory and the AD-AS Framework: A Reconsideration [PDF]
Contrary to what has been argued by a number of critics, the AD-AS framework is both internally consistent and in conformity with Keynes’s own analysis.
Amitava K. Dutt, Peter Skott
core
The Structure of Post-Keynesian Economics: The Core Contributions of the Pioneers [PDF]
, 2007 G. C. Harcourt
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Enhancing Economic Literacy through Causal Diagrams [PDF]
arXivA literacy-targeted approach to economic instruction draws on insights from cognitive science. It highlights that students process complex economic information by constructing and modifying schemas that represent economic material. Following this approach, we developed a set of instructional activities centered around causal diagrams that promote a ...
arxiv
From The Keynesian Revolution to the Klein-Goldberger Model: Klein and the Dynamization of Keynesian Theory [PDF]
According to Klein, Keynes’s General Theory was crying out for empirical application. He set himself the task of implementing this extension. Our paper documents the different stages of his endeavor, focusing on his The Keynesian Revolution book, Journal
Michel DE VROEY, Pierre MALGRANGE
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Anticipations of the Crisis: On the Similarities Between Post Keynesian Economics and Regulation Theory [PDF]
The purpose of this paper is to explore the similarities between Post Keynesian Economics (PKE) and Regulation Theory (RT). It is argued that, despite important differences between these traditions, the analytical contents of PKE and RT display broad ...
Mark Setterfield
core
“Money, Financial Markets, and the Coherence of a Market Economy [PDF]
, 1980 Journal of Post Keynesian Economics, Vol. III, No.
Minsky, Hyman P., Ph.D.
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Eco - No(?) - Physics - comments and reflexions - [PDF]
arXiv, 2006 How can econophysics contribute to economics? Since the relation between basic principles of physics and economics is not established, there is no reason why physical theories should be of any value for economic theory. While economic theories leave the physicists largely without orientation in this field, econo-physicists should orient themselves at ...
arxiv
Accumulation, distribution and employment: a structural VAR approach to a post-Keynesian macro model [PDF]
The paper investigates the relation between effective demand, income distribution and unemployment empirically. Its aim is to evaluate Keynesian, Kaldorian and neoclassical hypotheses about the determination of labor market variables.
Engelbert Stockhammer, Özlem Onaran
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MODERN MONETARY THEORY JAKO ALTERNATYWNE PODEJ-ŚCIE DO PIENIĄDZA I POLITYKI PIENIĘŻNEJ
Acta Universitatis Lodziensis. Folia Oeconomica, 2014 Niniejszy artykuł stanowi szkic podstawowych zagadnień post-keynesowskiego podejścia do pieniądza i polityki pieniężnej, zwanego Modern Monetary Theory.
Paweł Umiński
doaj
After the Bust: The Outlook for Macroeconomics & Macroeconomic Policy [PDF]
The current economic crisis offers an historic opportunity for change. The depth of the crisis means there will likely be a policy turn in a Keynesian and even Post Keynesian direction. However, there are profound political, intellectual and sociological
Thomas I. Palley
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