Results 41 to 50 of about 9,954,014 (246)

Post-Keynesianism: Evolution of Keynesian Macroeconomics in the 20th Century

open access: yesVestnik MGIMO-Universiteta, 2016
The article analyzes the development of J.M. Keynes's theory in the second half of the twentieth century due to the works within the new direction of economical science - Post-Keynesianism.
Lyubov N. Artamonova
doaj  

When in Doubt, Tax More Progressively? Uncertainty and Progressive Income Taxation

open access: yesInternational Economic Review, EarlyView.
ABSTRACT We study the optimal income tax problem under parameter uncertainty about household preferences and wage dynamics. We derive conditions characterizing how such uncertainty affects optimal tax policy. To quantify the effect, we estimate a life‐cycle model using US data and a Bayesian approach.
Minsu Chang, Chunzan Wu
wiley   +1 more source

Heterogeneous Markups Cyclicality and Monetary Policy

open access: yesInternational 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

Teaching Post Keynesian Exchange Rate Theory [PDF]

open access: yes
The goal of this paper is to provide a model and method for those wishing to include the Post Keynesian perspective when teaching exchange rate theory. It begins by reviewing neoclassical approaches (purchasing power parity, the monetary model, and the ...
John Harvey
core  

Post-Keynesianism: Evolution of Keynesian Macroeconomics in the 20 Century

open access: yesVestnik MGIMO-Universiteta, 2016
The article analyzes the development of J.M. Keynes's theory in the second half of the twentieth century due to the works within the new direction of economical science - Post-Keynesianism.
Lyubov N. Artamonova
doaj  

Inflation in Theory and Practice: A Comprehensive Review of the Literature From the Great Inflation to the 2020s Surge

open access: yesJournal of Economic Surveys, EarlyView.
ABSTRACT The post‐pandemic inflationary spike brought inflation back to the forefront of academic research. In the debate about the origin and nature of the 2020s inflation, economists have been divided into the following two main camps: the demand‐pull camp, which attributed inflation to excess demand and linked it to fiscal and monetary stimulus put ...
Vicente Ferreira
wiley   +1 more source

Microfoundations of macroeconomics. Post-Keynesian contributions on the theory of the firm [PDF]

open access: yes
Looking through contributions about microeconomic theory, from classics to modern theory, it is possible to identify various attitudes on the role that firms play in the market. To simplify the existing multiplicity of opinion, two distinct positions can
Canale, Rosaria Rita
core  

TEACHING AND RESEARCH IN MACROECONOMICS, A SURVEY ON RECENT DEVELOPMENTS [PDF]

open access: yesفصلنامه پژوهش‌های اقتصادی ایران, 2002
Macroeconomics has undergone enormous changes since its birth in 1930s. Although the new developments have enhanced our understanding of macroeconomic problems and policies effects, their fast pace and vast areas have made catching up difficult for both ...
Saeed Moshiri
doaj  

Aviation and the European Union Emission Trading System: A Bibliometric and Thematic Review

open access: yesJournal of Economic Surveys, EarlyView.
ABSTRACT Aviation is generally recognized as one of the most carbon intensive forms of transport. In order to tackle aviation's environmental impact, in 2012 the sector has been (partially) included in the European Union Emission Trading System (EU ETS), a market‐based mitigation mechanism designed to put a price on carbon emissions and create an ...
Riccardo Colantuono
wiley   +1 more source

Strategy for Economic Growth in Brazil: a Post Keynesian Approach [PDF]

open access: yes
The paper proposes a Keynesian strategy for economic policy that aims to achieve higher, stable and sustained economic growth in Brazil. Its main hypothesis is that the current poor growth performance of the Brazilian economy is due to macroeconomic and ...
José Luís Oreiro   +1 more
core  

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