Results 111 to 120 of about 9,954,014 (246)
A multi-sector version of the Post-Keynesian growth model [PDF]
With this inquiry we seek to develop a disaggregated version of the post-Keynesian approach to economic growth, by showing that indeed it can be treated as a particular case of the Pasinettian model of structural change and economic expansion. By relying
Teixeira, Joanílio Rodolpho +1 more
core
Hyperinflation and High Inflation in Venezuela: Monetary or Exchange Rate Origin?
ABSTRACT From 2018 to 2021, Venezuela experienced a period of intense hyperinflation. There are two hypotheses regarding the origin of such hyperinflation. The monetarist hypothesis attributes hyperinflation to excessive growth in the money supply, typically resulting from public deficits. Alternatively, the structuralist balance of payments hypothesis
Pedro Atienza Montero
wiley +1 more source
Deviations from Uncovered Interest Rate Parity: A Post Keynesian Explanation [PDF]
Finding satisfactory explanations of deviations from uncovered interest rate parity (UIRP) has proved to be a frustrating experience for Neoclassical economists. Studies have focused on the role of risk, but thus far no one has been able to put forward a
John Harvey
core
Real and Apparent Deviations From Rational Choice
ABSTRACT This paper offers a taxonomy of real and apparent deviations from rationality. The taxonomy is based on three axes of divides—whereas the axes are successive refinements. The outermost‐axis divide delineates “anxiety‐based choices” from “anxiety‐free choices.” Anxiety‐based choices are real deviations such as the Allais and Ellsberg paradoxes ...
Elias L. Khalil
wiley +1 more source
Household Consumption Intentions by Income Group During Monetary Policy Easing and Tightening
ABSTRACT We investigate how the monetary policy interest rate affects Brazilian households' consumption intentions under two distinct regimes: monetary easing and tightening cycles. Using data from low‐ and high‐income households, we assess both the magnitude and the dynamics of this relationship.
Helder Ferreira de Mendonça +1 more
wiley +1 more source
The main objective of this paper is discussing the neutrality of money facing the post-Keynesian theory with the orthodoxy theory. The formation of expectatives by the agents in an uncertain world, over the period that concerns the adoption of the ...
Jose Caio Racy +1 more
doaj
How Does Progressivity Affect the Tax Cut Multiplier?
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
Entrepreneurship and Financial Deregulation
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
Modern Monetary Theory: A Solid Theoretical Foundation of Economic Policy? [PDF]
Prinz AL, Beck H.
europepmc +1 more source
An ecology of moral infrastructure: Canadian social work ethics, 1940–2024
Abstract Social work is held to be unified by a stable, coherent value base across time and jurisdiction. Drawing on articulation theory and infrastructure studies, this paper provides the first systematic historical analysis of eight Canadian Association of Social Workers codes (1940–2024) as assembled within an ecology of moral infrastructure ...
Tina E. Wilson
wiley +1 more source

