Results 41 to 50 of about 88,133 (282)
The future of Post Keynesian economics
PSL Quarterly Review, 2006 Article originally published in the volume 59 issue 236 of Banca Nazionale del Lavoro Quarterly Review (also known as BNL Quarterly Review).
Giuseppe Fontana, Bill Gerrard
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Fiscal Consolidation and Support for the Common Currency
JCMS: Journal of Common Market Studies, EarlyView.Abstract The existence of a common currency and further integration within the European Monetary Union crucially depends on public legitimacy. As a response to the Global Financial Crisis and subsequent Sovereign Bond crisis, several European governments have implemented fiscal consolidation policies in an attempt to restore investors' confidence ...
Nicola Nones, Melle Scholten
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Moneta e CreditoRecensione a: Lavoie M. (2022), Post-Keynesian Economics – New Foundations, 2a edizione, Cheltenham (UK) e Northampton (MA, USA): Edward Elgar.
Sergio Cesaratto
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From classical developmentalism and post-Keynesian macroeconomics to new developmentalism
Brazilian Journal of Political Economy, 2019 New developmentalism was a response to the inability of classical developmentalism and post-Keynesian macroeconomics in leading middle-income countries to resume growth.
LUIZ CARLOS BRESSER-PEREIRA
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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
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Balance-of-payments-constrained economic growth in Brazil
Brazilian Journal of Political Economy, 2020 This paper applies the Thirlwall’s balance-of-payments constraint model to Brazilian economic growth in the period 1955-98, using cointegration technique.
FREDERICO GONZAGA JAYME JR
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Post-Keynesian economics – how to move forward [PDF]
European Journal of Economics and Economic Policies: Intervention, 2009 Post-Keynesian Economics (PKE) is at the crossroads. Post-Keynesians (PKs) have become effectively marginalized; the academic climate at universities has become more hostile to survival and the mainstream has become more diverse internally. Moreover, a heterodox camp of diverse groups of non-mainstream economists is forming. The debate on the future of
Stockhammer, Engelbert, Ramskogler, Paul
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Opportunities and challenges for post-Keynesian economics?
Progressive Post-Keynesian Economics, 2019 The current situation offers great opportunities for Post Keynesians to offer a persuasive alternative to mainstream economics. This chapter explores these opportunities and the Post-Keynesian ideas of long standing for alternative theories and policies.
Sheila Dow
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Financial Fragility and the Fiscal Multiplier
Journal of Money, Credit and Banking, EarlyView.Abstract We show that undercapitalized banks with large holdings of government bonds subject to sovereign default risk lead to a new crowding‐out channel: deficit‐financed fiscal stimuli lead to higher bond yields, triggering capital losses for the banks. Banks then cut back loans, which reduces fiscal multipliers.
CHRISTIAAN VAN DER KWAAK +1 more
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Income distribution in a monetary economy
PSL Quarterly Review, 2013 In a monetary economy capital is a fund. This idea is captured by the circuit of capital. We define a circuit for fixed capital and argue that it is closed when the fund that initiates it is recovered in a present value sense.
Nazim Kadri Ekinci
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