Results 51 to 60 of about 7,610,034 (219)
A (Post-) Keynesian perspective on "financialisation" [PDF]
Post-Keynesian demand driven distribution and growth models, based on the notion of distribution conflict between different groups, have been critical regarding the macroeconomic effects of 'financialisation'. In the present paper, firstly, we attempt to
Eckhard Hein
core
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
How Does Progressivity Affect the Tax Cut Multiplier?
International Economic Review, EarlyView.ABSTRACT How does the targeting of personal income tax cuts affect the output multiplier? This paper provides quantitative evidence using a heterogeneous‐agent New‐Keynesian model calibrated to match US distributions of income, wealth, marginal tax rates, and marginal propensities to consume.
Christian Gillitzer
wiley +1 more source
Post-Keynesian modelling: where are we, and where are we going to? [PDF]
This paper presents the current “state of the art” of Post-Keynesian modelling, as well as the most important issues raised by it. We first present a new formal statement of the Keynes' model, highlighting the importance of the “static model of a dynamic
Asensio, Angel +2 more
core
Réflexions et suggestions autour du concept d’output gap
Revue Interventions Économiques, 2018 Nowadays, the output gap is a key measure used to guide economic policies that aim at stabilizing activity or at fighting inflation. Within the Eurozone, this measure is institutionalized and mobilized by the European Commission in order to estimate the ...
Sébastien Charles +2 more
doaj +1 more source
Entrepreneurship and Financial Deregulation
International Economic Review, EarlyView.ABSTRACT We quantitatively analyze the impact of US banking deregulation in the 1980s on the aggregate economy. Using recent econometric techniques, we first reexamine existing empirical evidence on the real effects of banking deregulation. We then construct a quantitative model that integrates imperfectly competitive banks into a general equilibrium ...
Toshihiko Mukoyama, Gang Zhang
wiley +1 more source
Decisions on investment allocation in the post-Keynesian growth models [PDF]
In this article the analysis developed by Feldman (1928) and Mahalanobis (1953) are incorporated to the Post-Keynesian Growth Model to consider the decisions of investment allocation on economic growth.
Teixeira, Joanílio Rodolpho +1 more
core
Why does the history of economic thought neglect post-Keynesian economics? [PDF]
, 2020 Despite receiving increased interest after the global financial crisis of 2007–2008 and consolidating itself as an established research program, Post-Keynesian economics remains under-represented within publications on the history of economics.
Guizzo, Danielle
core +1 more source
Heterogeneous Markups Cyclicality and Monetary Policy
International Economic Review, EarlyView.ABSTRACT This paper studies aggregate markup cyclicality through firm‐level heterogeneity, reallocation, and aggregation. Using the U.S. firm data for 1990–2016, we find that markups are procyclical for young firms and countercyclical for older firms following monetary policy shocks. Economic activity also reallocates modestly toward young firms.
Andrea Chiavari +2 more
wiley +1 more source