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Presentation to the National Association For Business Economics 43rd Annual Meeting, New York City - Sept. 10, 2001
Persistent link: https://www.econbiz.de/10005420439
Presentation to the National Association For Business Economics 43rd Annual Meeting, New York City - Sept. 10, 2001
Persistent link: https://www.econbiz.de/10011185077
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
The rational expectations revolution made clear that a complete macro model requires a specification of the government's economic policy. We argue that monetary policy should be conducted in such a way that the market can predict policy actions. An implication of market success in predicting...
Persistent link: https://www.econbiz.de/10005360639
The Shadow Open Market Committee was formed in 1973 in response to rising inflation and the apparent unwillingness of U.S. policymakers to implement policies necessary to maintain price stability. This paper describes how the Committee's policy views differed from those of most Federal Reserve...
Persistent link: https://www.econbiz.de/10005352943
Presentation to the Missouri Bankers Association Senior Bank Management Conference, Acapulco, Mexico - Jan. 15, 2001
Persistent link: https://www.econbiz.de/10005526219