Results 61 to 70 of about 88,133 (282)

Institutional Changes, Effective Demand, and Inequality: A Structuralist Model of Secular Stagnation

Metroeconomica, EarlyView.
ABSTRACT This paper addresses the factors driving economic stagnation and inequality in the US over recent decades. We study a demand‐driven model with joint adjustment of the functional distribution and capacity utilization in the short run, and explore the dynamics of wealth accumulation and labor productivity growth in the long run.
Vinicius Curti Cícero, Daniele Tavani
wiley   +1 more source

Ecological macroeconomics: a methodological review

Economia e Sociedade
The paper aims to analyse and provide an overview of the emerging ecological macroeconomic approach from a methodological point of view. As with ecological economics, this emerging approach is being constituted by a methodologically plural set of studies.
Beatriz Macchione Saes, Ademar Ribeiro Romeiro   +1 more
doaj   +1 more source

Book review: Cuyvers, Ludo (2022): Neo-Marxism and Post-Keynesian Economics: From Kalecki to Sraffa and Joan Robinson, Milton Park (247 pages, Routledge, hardcover, ISBN 978-1-032-25480-7) [PDF]

, 2023
Marc Lavoie
openalex   +1 more source

Aggregate Demand and Supply [PDF]

This paper is part of a broader project that provides a microfoundation to the General Theory of J.M. Keynes. I call this project 'old Keynesian economics' to distinguish it from new-Keynesian economics, a theory that is based on the idea that to make ...
Roger E. A. Farmer
core  

Capital in Motion: Synthesizing the Circulation and Reproduction in a Multi‐Sector Growth Model

Metroeconomica, EarlyView.
ABSTRACT This paper analyzes Capital in Motion (CIM) in a capitalist economy, based on Karl Marx's Capital, Volume 2. It examines the circuit of capital, distinguishing between stock and flow variables, and integrates a multi‐sector growth model that combines the circuit and turnover of capital with the reproduction scheme.
Takashi Satoh
wiley   +1 more source

History of the economics department at University of Missouri-Kansas City [PDF]

This essay provides a short history of the Department of Economics at UMKC from 1929 to 2010. It shows the origins of its Institutionalist roots beginning in 1946 and ends with the development of the department as a internationally known center of Post ...
Lee, Frederic
core   +1 more source

Post-Keynesian institutionalism after the great recession [PDF]

, 2012
This paper surveys the context and contours of contemporary Post-Keynesian Institutionalism (PKI). It begins by reviewing recent criticism of conventional economics by prominent economists as well as examining, within the current context, important ...
Whalen, Charles J.
core   +2 more sources

Public Debt Dynamics in a Monetary Economy of Production

Metroeconomica, EarlyView.
ABSTRACT This paper investigates the determinants and stability conditions of the public debt‐to‐GDP ratio within a theoretical framework representing the main characteristics of a monetary economy of production. To this end, we develop a dynamic Stock‐Flow Consistent (SFC) model based on the Supermultiplier approach, incorporating both bank and fiat ...
Lorenzo Di Domenico
wiley   +1 more source

Post-keynésiens et régulationnistes :Une alternative à la crise de l’économie standard ?

Revue de la Régulation, 2011
The two research programs, post-Keynesian and régulationist, have in common to provide an alternative to standard economics whose inability to account for the stylized facts observed since the 1970s, and even more in the current crisis, is now clear.
Robert Boyer
doaj   +1 more source

The spread of Keynesian economics : a comparison of the Belgian and Italian experiences [PDF]

Keynesian economics dominated economic thought and macroeconomic policy-making in the 1950s and 1960s. However, the diffusion of Keynesian economics has been uneven.
Ivo Maes
core