Results 71 to 80 of about 88,133 (282)
Metroeconomica, EarlyView.ABSTRACT This paper examines the complex relationship between government debt and income distribution within a post‐Keynesian framework. Extending the model of You and Dutt (1996), we model both capitalists and workers as holders of government bonds, enabling a more nuanced analysis of income distribution dynamics.
Hagen M. Krämer +2 more
wiley +1 more source
Growth, the Environment and Keynes: Reflections on Two Heterodox Schools of Thought [PDF]
This paper explores the approach of Post Keynesian Economics (PKE) in comparison with ecological economics. While PKE, like all macroeconomics, has failed to address environmental problems it does have many aspects which make compatibility with ...
Clive L Spash, Heinz Schandl
core
Metroeconomica, EarlyView.ABSTRACT The paper examines the financial balances of the US economy. Government is the main borrower and households and the foreign sector the main lenders. Business net lending is minimal. The balances and their underlying transactions contradict the loanable funds theory and its “global savings glut” variation.
Michalis Nikiforos, Lance Taylor
wiley +1 more source
Technology and the need for an alternative view of the firm in post keynesian theory [PDF]
Post Keynesian economics; theory of the ...
Fabiana Santos, Marco Crocco
core
The Role of Labour Market Institutions in Shaping Euro Area Monetary Policy Transmission
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT We examine how labour market institutions shape monetary policy transmission in euro area countries. A theoretical model suggests that higher union density flattens the Phillips curve, amplifying output responses while dampening the inflation effects of monetary shocks. This is empirically confirmed using an interacted panel VAR.
Maximilian Boeck, Christian Glocker
wiley +1 more source
Os vetores de expansão da atividade imobiliária em Belo Horizonte – 1994-2003
Nova Economia, 2008 This article discusses the shifts in the urbanstructure of the city of Belo Horizonte in theperiod between 1994 and 2003. Departingfrom a post-Keynesian methodological basis, weoutlined the main vectors of real estate activityin Belo Horizonte.
Luiz Andrés Paixão, Pedro Abramo
doaj
Erasmus Journal for Philosophy and Economics, 2010 Marshall's asset equilibrium model provides a way of explaining the identity of entrepreneurs. Keynes adopted this model but transformed it when he emphasized the short-period and volatile character of long-term expectations.
John B. Davis
doaj +1 more source
NAIRU, Unemployment and Post Keynesian Economics [PDF]
The purpose of this paper is to present the disadvantages from the use of NAIRU as the key instrument of monetary-policy making to restrain the upward tendency of unemployment. It argues that the development of NAIRU, the most widely known and used model
Vasiliki Bozani
core
Schumpeter Meeting Keynes: A Policy-Friendly Model of Endogenous Growth and Business Cycles [PDF]
This paper studies an agent-based model that bridges Keynesian theories of demand generation and Schumpeterian theories of technology-fueled economic growth.
Andrea Roventini +2 more
core +3 more sources
Review of Policy Research, EarlyView.ABSTRACT This study examines the paradoxical relationship between policy learning and capacity: governments need certain capacities to learn effectively, yet these same capacities often emerge from previous learning experiences. Through a comparative analysis of Hong Kong and Singapore's responses to SARS and COVID‐19, we demonstrate how policy ...
Shubham Sharma, Xun Wu, Gleb Papyshev
wiley +1 more source