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
From theory to practice in macroeconomic models: post-Keynesian eclecticism
PSL Quarterly Review, 2005 The paper analyses retrospectively the impact that the publication of The economists' "Manifesto" on unemployment in the EU has exerted on the European economic policies.
Ignazio Visco
doaj
Inflation Inequality Across Household Income Groups in Brazil: Persistence, Trend and Volatility
The Manchester School, EarlyView.ABSTRACT This article investigates inflation inequality across four income strata in Brazil (very low, low, middle, and high income) from July 2006 to April 2025, using the Headline IPCA as a benchmark. We test the hypothesis that inflation dynamics and transmission mechanisms are structurally unequal and disproportionately affect lower‐income ...
Sinara do Valle, Cleomar Gomes da Silva
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
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Debt, financial fragility, and economic growth: a Post Keynesian macromodel
, 2015 A Post Keynesian macromodel of capacity utilization and economic growth is developed in which the supply of credit-money by the banking system is endogenous, and firms' financial fragility is explicitly modeled.
Lima, GT, Meirelles, AJA
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Post-Keynesian Theory of Choice [PDF]
, 1999 This short paper is the entry on Post-Keynesian theory of choice for the Encyclopedia of Political Economy (ed. by P. A O’Hara, London: Routledge, 1999).
Drakopoulos, Stavros A.
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MODERN MONETARY THEORY JAKO ALTERNATYWNE PODEJ-ŚCIE DO PIENIĄDZA I POLITYKI PIENIĘŻNEJ
Acta Universitatis Lodziensis. Folia Oeconomica, 2014 Niniejszy artykuł stanowi szkic podstawowych zagadnień post-keynesowskiego podejścia do pieniądza i polityki pieniężnej, zwanego Modern Monetary Theory.
Paweł Umiński
doaj
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
'Financialisation' in Post-Keynesian models of distribution and growth - a systematic review [PDF]
We review recent attempts to integrate 'financialisation' processes into Post-Keynesian distribution and growth models and distinguish three principal channels of influence: 1. objectives and finance restrictions of firms, 2.
Till van Treeck, Eckhard Hein
core
Two Post-Keynesian approaches to uncertainty and irreducible uncertainty
, 2013 Uncertainty, especially irreducible uncertainty, is an essential component of Keyness General Theory and of post-Keynesian economics. Within post-Keynesianism, however, two contrasting understandings of uncertainty and its cognate concepts have emerged ...
Rod O'Donnell, O'Donnell, R
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