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Unemployment as a disequilibrium phenomenon : the economics of Keynes and how to go ahead from Patinkin, Leijonhufvud and Hicks

Amendola, Mario; Gaffard, Jean-Luc - 2010

Persistent link: https://www.econbiz.de/10008748834

Zur Genese von Patinkins Interpretation des Keynes'schen Prinzips der effektiven Nachfrage

Hartwig, Jochen - 2021

"'Keynes' Chapter 3 on 'The Principle of Effective Demand'", schreibt Patinkin (1979a, S. 155), "is at one and the same time the most important and the most obscure chapter in the General Theory: most important, because it contains the major innovation of the book…". Und obskur ist es in der...

Persistent link: https://www.econbiz.de/10012585480

Does Bank Capital Matter for Monetary Transmission?

Van den Heuvel, Skander J. - Pennsylvania State University <University Park, Pa.> / … - 2002

Traditional monetary theory has largely ignored the role ofbank equity. Bank-centered accounts of how monetarypolicy affects the real economy usually focus on the role ofreserves and reserve requirements in determining the volumeof demand deposits and, in the case of the bank lendingchannel,...

Persistent link: https://www.econbiz.de/10005869391

New Keynesian Perspectives on Monetary Policy and the Business Cycle in Closed Economies and Monetary Unions

Mayer, Eric - 2006

No abstract available

Persistent link: https://www.econbiz.de/10009433688

AGENT–BASED KEYNESIAN MACROECONOMICS - An Evolutionary Model Embedded in an Agent–Based Computer Simulation

Oeffner, Marc - 2008

Computersimulation, welche im Gebiet der Geldtheorie anzusiedeln ist. Agentenbasierte Computersimulationen sind innovative Werkzeuge, die … Transmissionsmechanismus knüpft an die Arbeiten Knut Wicksells im Bereich der Geldtheorie an. Darüber hinaus beinhaltet das Modell viele … und Variablen umfasst. Da es bis heute keine vergleichbare Arbeit auf dem Gebiet der Geldtheorie gibt, musste sich das …

Persistent link: https://www.econbiz.de/10009433699

On money: A brief intellectual interpretation

Fornasari, Massimo - In: The Journal of European Economic History (JEEH) 52 (2023) 1, pp. 183-207

The nature of money continues to perplex us. Over time anthropologists, economists, historians and sociologists have provided various answers to the question "what is money?" Ultimately these answers reflect different and often contradictory approaches to the dynamics of economic systems and...

Persistent link: https://www.econbiz.de/10015206892

Beiträge zur Wirtschaftstheorie. Wissenschaftliche Gutachten. Zweiter Teil: Konjunkturforschung und Konjunkturtheorie

Diehl, Karl (contributor) - 1928

Persistent link: https://www.econbiz.de/10014492874

The Rationale for Inflation Targeting

Mishkin, Frederic S.; Posen, Adam Simon - Federal Reserve Bank <New York, NY> - 1997

[...]The first intellectual development challenging the use ofan activist monetary policy to stimulate output and reduceunemployment is the finding, most forcefully articulatedby Milton Friedman, that the effects of monetary policyhave long and variable lags.1 The uncertainty of the timingand...

Persistent link: https://www.econbiz.de/10005870226

Design Issues in the Implementation of Inflation Targets

Mishkin, Frederic S.; Posen, Adam Simon - Federal Reserve Bank <New York, NY> - 1997

[...]In the case studies that follow, we will see that thedesign choices for an inflation-targeting regime fall intofour basic categories: definition and measurement of thetarget, transparency, flexibility, and timing.[...]

Persistent link: https://www.econbiz.de/10005870227

German Monetary Targeting: A Precursor to Inflation Targeting

Mishkin, Frederic S.; Posen, Adam Simon - Federal Reserve Bank <New York, NY>; London School of … - 1997

Many features of the German monetary targetingregime are also key elements of inflationtargeting in the other countries examined inthis study. Indeed, as pointed out in Bernanke and Mishkin(1997), Germany might best be thought of as a “hybrid”inflation targeter, in that it has more in common...

Persistent link: https://www.econbiz.de/10005870228