Results 141 to 150 of about 7,610,034 (219)

Behavioral Macroeconomics and the New Keynesian Model [PDF]

The contribution of this paper is twofold. First, a thorough presentation of the state of the art of the New Keynesian Macroeconomic model is provided.
Jan-Oliver Menz
core  

The currency risk challenge in African power finance: Structures, politics, and emerging responses

Development Policy Review, Volume 44, Issue 5, September 2026.
Abstract Motivation Achieving Africa's energy and infrastructure goals requires unprecedented investment, but reliance on foreign currencies in project finance exposes governments and utilities to systemic currency risk. Purpose This article explores the structural, financial, and political economy dimensions of currency mismatch in African power ...
Wikus Kruger, Danny Cassimon
wiley   +1 more source

Monetary and Macroprudential Policies under Dollar‐Denominated Foreign Debt

Journal of Money, Credit and Banking, Volume 58, Issue 6, Page 1693-1728, September 2026.
Abstract This paper studies monetary and macroprudential policies in a small open economy that borrows from abroad in foreign currency. The model features a novel mechanism in which exchange rate depreciation triggered by a borrowing constraint is amplified through balance of payments adjustments, increasing the real burden of foreign debt and causing ...
HIDEHIKO MATSUMOTO
wiley   +1 more source

Fiscal policy in the macroeconomic policy mix: A Critique of the New Consensus Model and a comparison of macroeconomic policies in France, Germany, the UK and Sweden from a Post-Keynesian perspective [PDF]

The New Consensus approach in macroeconomics is criticised for its exclusive but unwarranted reliance on stabilising monetary policies, for its ill-designed approach to the role of wages and wage policies, and for its complete neglect of fiscal policies.
Achim Truger, Eckhard Hein
core  

Bank lending behaviour and macroeconomic factors: A study from strategic interaction perspective. [PDF]

Heliyon, 2022
Le HNQ, Nguyen TVH, Schinckus C.
europepmc   +1 more source

Does Openness Amplify Money‐Financed Fiscal Stimulus? A Fiscal Theory Perspective

Review of International Economics, Volume 34, Issue 4, Page 914-930, September 2026.
ABSTRACT Does economic openness enhance or diminish the effectiveness of money‐financed (MF) fiscal stimulus? This study re‐examines this question within a small open economy framework, emphasizing the fiscal regime governing government debt valuation. While the authors of an earlier study show that MF fiscal expansions generate larger output responses
Eiji Okano, Chikafumi Nakamura
wiley   +1 more source

Post-keynesian economics

This article concentrates on the development of Post-Keynesian economics since 1950s, which is one of contemporary streams of keynesian thought. Post-Keynesian economics aims at building a new paradigma in economics on the bases of the original theories ...
Milan Sojka
core  

"A Post Keynesian Perspective on the Rise of Central Bank Independence: A Dubious Success Story in Monetary Economics" [PDF]

This paper critically assesses the rise of central bank independence (CBI) as an apparent success story in modern monetary economics. As to the observed rise in CBI since the late 1980s, we single out the role of peculiar German traditions in spreading ...
Jorg Bibow
core  

Macro-financial models of Canadian dollar interest rate swap yields. [PDF]

PLoS One
Akram T, Mamun K.
europepmc   +1 more source