Similar Search Results

Financialisation and macroeconomic regimes in emerging capitalist economies before and after the Great Recession

Akcay, Ümit; Hein, Eckhard; Jungmann, Benjamin - 2021

In recent years, diverging demand and growth regimes have received greater scholarly attention. In particular, the intersection between different variants of Comparative Political Economy and the post-Keynesian macroeconomic analysis provides a promising avenue for understanding the main...

Persistent link: https://www.econbiz.de/10012492416

Stagnation policy in the Eurozone and economic policy alternatives: A Steindlian/neo-Kaleckian perspective

Hein, Eckhard - 2017

Empirically, the macroeconomic institutions and the macroeconomic policy approach in the Eurozone have failed badly, both in terms of preventing the global financial and economic cri-sis from becoming a euro crisis and in generating a rapid recovery from the crisis, in particular. In this paper...

Persistent link: https://www.econbiz.de/10011891333

Demand and growth regimes in finance-dominated capitalism and the role of the macroeconomic policy regime: a post-Keynesian comparative study on France, Germany, Italy and Spain be...

Hein, Eckhard; Martschin, Judith - In: Review of Evolutionary Political Economy 2 (2021) 3, pp. 493-527

We contribute to the recent debates on demand and growth regimes in modern finance-dominated capitalism linking them to the post-Keynesian research on macroeconomic policy regimes. We examine the demand and growth regimes, as well as the macroeconomic policy regimes for the big four Eurozone...

Persistent link: https://www.econbiz.de/10014502094

A multi-speed Europe: is it viable? A stock-flow consistent approach

Mazier, Jacques; Valdecantos, Sebastian - In: European Journal of Economics and Economic Policies: … 12 (2015) 1, pp. 93-112

Based on the hypothesis that states that the underlying cause of the crisis in the euro area is a combination of exchange-rate misalignments with uncoordinated wage policies, we explore different exchange-rate arrangements that may help to reduce imbalances between surplus and deficit countries....

Persistent link: https://www.econbiz.de/10014363227

Fiscal policy in the macroeconomic policy mix: A Critique of the New Consensus Model and a comparison of macroeconomic policies in France, Germany, the UK and Sweden from a Post-Ke...

Hein, Eckhard; Truger, Achim - 2008

The New Consensus approach in macroeconomics is criticised for its exclusive but unwarranted reliance on stabilising monetary policies, for its ill-designed approach to the role of wages and wage policies, and for its complete neglect of fiscal policies. From a Post-Keynesian perspective, it is...

Persistent link: https://www.econbiz.de/10010460457

Finance-dominated capitalism in crisis: The case for a Global Keynesian New Deal

Hein, Eckhard; Truger, Achim - 2010

We analyse the long-run imbalances of finance-dominated capitalism underlying the present crisis - which began in 2007 - with a focus on developments in the US and Germany. We argue that beyond inefficient regulation of the financial sector, the severeness of the present crisis has been mainly...

Persistent link: https://www.econbiz.de/10010309132

Causes and consequences of the financial crisis and the implications for a more resilient financial and economic system

Hein, Eckhard - 2016

The increasing dominance of finance starting in the late 1970s/early 1980s in the US and the UK, and somewhat later in other countries, was associated with two fundamental and structural processes generating the contradictions of this phase of development and finally the financial and economic...

Persistent link: https://www.econbiz.de/10011431825

Karl Marx: An early post-Keynesian? A comparison of Marx's economics with the contributions by Sraffa, Keynes, Kalecki and Minsky

Hein, Eckhard - 2019

This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an "ex post … attempt is made at studying in a systematic way, if and to what extent Sraffa, Keynes, Kalecki and Minsky were individually … relying on an interpretation of Marx's theory of value as a "monetary theory of value". Next, some light is shed on the Marx-Kalecki …

Persistent link: https://www.econbiz.de/10011997039

The paradox of tax competition: Effective corporate tax rates as a determinant of foreign direct investment in a modified neo-Kaleckian model

Woodgate, Ryan - 2018

After demonstrating the empirical relevance of tax competition effects across OECD countries, we incorporate such effects into a Kaleckian model. Corporate tax rates are seen as affecting investment by the effect on the location of multinational enterprise (MNE) investment, not on the total size...

Persistent link: https://www.econbiz.de/10011905163

Karl Marx: an early post-Keynesian? A comparison of Marx's economics with the contributions by Sraffa, Keynes, Kalecki and Minsky

Hein, Eckhard - In: European Journal of Economics and Economic Policies: … 16 (2019) 2, pp. 238-259

This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an 'ex post … is made to study in a systematic way whether and to what extent Sraffa, Keynes, Kalecki and Minsky were individually …, relying on an interpretation of Marx's theory of value as a 'monetary theory of value'. Next, some light is shed on the Marx–Kalecki …

Persistent link: https://www.econbiz.de/10014363354

1
2
3
4
5
6
7
8
9
10
Next
Last