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Bullard, James; Mitra, Kaushik - Federal Reserve Bank of St. Louis - 2002

We study macroeconomic systems with forward-looking private sector agents and a monetary authority that is trying to control the economy through the use of a linear policy feedback rule. A typical finding in the burgeoning literature in this area is that policymakers should be relatively...

Persistent link: https://www.econbiz.de/10005352838

Death of a theory

Bullard, James - Federal Reserve Bank of St. Louis - 2012

"Death of a Theory," presented in St. Louis. January 13, 2012.

Persistent link: https://www.econbiz.de/10010727311

Sneak preview: death of a theory

Bullard, James - Federal Reserve Bank of St. Louis - 2012

"SNEAK PREVIEW: Death of a Theory." Presented at the Korea-America Economic Association, Chicago, Illinois. January 7, 2012.

Persistent link: https://www.econbiz.de/10010727349

Macroeconomic co-ordination as an economic policy concept - opportunities and obstacles in the EMU

Hein, Eckhard; Truger, Achim - EconWPA - 2004

This paper traces the euro zone’s inadequate macroeconomic performance in recent years back to the predominance of a restrictive macroeconomic policy mix based on a ‘new monetarist’ approach to economic policy. An approach based on a (post-)Keynesian analysis is presented as a growth and...

Persistent link: https://www.econbiz.de/10005126124

Guidelines for sustained growth in the EU? The concept and consequences of the Broad Economic Policy Guidelines

Hein, Eckhard; Niechoj, Torsten - EconWPA - 2005

The Broad Economic Policy Guidelines contain the answers of the European Commission and the governments of the EU-member countries to the European growth and employment problems. These guidelines have been the major EU-economic policy concept for around ten years now. They can be seen as a...

Persistent link: https://www.econbiz.de/10005126214

Macroeconomic co-ordination as an economic policy concept – opportunities and obstacles in the EMU

Hein, Eckhard; Truger, Achim - EconWPA - 2004

Persistent link: https://www.econbiz.de/10005412745

Leitlinien für ein dauerhaftes Wachstum in der EU? Konzept und Wirkung der Grundzüge der Wirtschaftspolitik

Hein, Eckhard; Niechoj, Torsten - EconWPA - 2005

The Broad Economic Policy Guidelines contain the answers of the European Com-mission and the EU-governments to the growth and employment problems in the EU. These guidelines have been the EU-economic policy concept for ten years now, but this concept has not been able to generate sustained...

Persistent link: https://www.econbiz.de/10005561155

The value of inside and outside money: expanded version

Bullard, James; Smith, Bruce D. - Federal Reserve Bank of St. Louis - 2001

inside and outside money does and does not allow the economy to achieve a first-best allocation of resources. We also study …

Persistent link: https://www.econbiz.de/10005360600

The value of inside and outside money

Bullard, James; Smith, Bruce D. - Federal Reserve Bank of St. Louis - 2001

inside and outside money does and does not allow the economy to achieve a first-best allocation of resources. We also study …

Persistent link: https://www.econbiz.de/10005360633

Money, Interest, and Capital Accumulation in Karl Marx’s

Hein, Eckhard - EconWPA - 2005

. Money as a social representative of value, therefore, is introduced at the very beginning of Marx’s microeconomics. Marx …’s rejection of Ricardo’s interpretation of Say’s Law requires that money as a means of circulation and as a means of payment is … realisation of profits for the capitalist class as a whole requires money advances, which have to increase by means of rising …

Persistent link: https://www.econbiz.de/10005076655