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Persistent link: https://www.econbiz.de/10002496912
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
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
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/10005412745
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
. 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
rapid economic and productivity growth, surging corporate profitability, sustained business investment in many areas …
Persistent link: https://www.econbiz.de/10005352887
Persistent link: https://www.econbiz.de/10001974484
investment, lower short term interest rates make delay more desirable. These influences work against each other so the net effect … of stimulative monetary policy actions could go either way. This article outlines a simple investment decision rule that … or may not affect fixed investment. …
Persistent link: https://www.econbiz.de/10005707683
investment, lower short-term interest rates make delay more desirable. These influences work against each other so the net effect … of stimulative monetary policy actions could go either way. This article outlines a simple investment decision rule that … or may not affect fixed investment. …
Persistent link: https://www.econbiz.de/10005065524