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his article summarizes a recent seminar of the Czech Economic Association devoted to the relationship between psychology and economics. While economic methodology strives for scientific reasoning, the course of this pursuit often results in the neglect of the behavioral aspects of economic...
Persistent link: https://www.econbiz.de/10008540716
In the following text we introduce those approaches to the methodology of economics that are relevant from the perspective of post-Keynesianism. After a partially historical outline of philosophical and methodological stances of John Maynard Keynes and Nicholas Kaldor we attempt to shed some...
Persistent link: https://www.econbiz.de/10008752945
An assumption that a central bank can influence the real interest rates is the object of our interest. In the paper we form and solve a model which corresponds to Romer´s (2000) assumptions. Our model is IS-LM augmented by a conception of price-adjusting after monetary intervention and...
Persistent link: https://www.econbiz.de/10008876467