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A 'Second Edition' of Keynes's General Theory
Thirlwall, Tony - School of Economics, University of Kent - 1998
This is a review article of A 'Second Edition' of the General Theory Vols 1 and 2 edited by G.C. Harcourt and P …
Persistent link: https://www.econbiz.de/10005170040
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Monetary and labor policies under market frictions.
Merkl, Christian - Kiel Institute for the World Economy - 2007
Persistent link: https://www.econbiz.de/10008610199
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Intermediate Microeconomics
Hoag, John H - World Scientific Publishing Co. Pte. Ltd.
This book provides a rigorous course to the theory of intermediate microeconomics. It includes not only the basic … traditional theory, but also a ¡°From the Literature¡± box in each chapter directing students to applications of the theory. The … theory is developed axiomatically, with optional sections using one-variable calculus included for interested readers. A …
Persistent link: https://www.econbiz.de/10011156361
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Evolution of China's financial system and its impact on economic development
Sau, Lino - In: International Journal of Economic Policy in Emerging … 5 (2012) 1, pp. 1-15
In this paper, I try to show and emphasise how China has adopted alternative economic policies in the transition and in the evolution of its financial system. In fact, the step by step or gradualism approach followed is in contrast to the fashionable idea that indiscriminately prescribes...
Persistent link: https://www.econbiz.de/10011015111
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Salarios, demanda agregada y desempeño económico en Colombia: un debate no resuelto
Quintero, Loaiza; Leandro, Osmar; Ríos, Sierra; Milena, Ana - Volkswirtschaftliche Fakultät, … - 2010
According to neoclassical economic theory, there is a negative relationship between real wages, and the level of output … and employment. Therefore, neoclassical theory tends to favor policy measures that seek to diminish real wages and …
Persistent link: https://www.econbiz.de/10011259796
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Debt-driven growth? Wealth, distribution and demand in OECD countries
Stockhammer, Engelbert; Wildauer, Rafael - School of Economics, Kingston University - 2015
The paper investigates the effects of changes in the distribution of income and in wealth on aggregate demand and its components. We extend the Bhaduri and Marglin (1990) model to include personal income inequality as well as asset prices and debt. This allows for an evaluation of the wage or...
Persistent link: https://www.econbiz.de/10011195836
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Debt-driven growth? Wealth, distribution and demand in OECD countries
Stockhammer, Engelbert; Wildauer, Rafael - Post Keynesian Economics Study Group - PKSG - 2015
The paper investigates the effects of changes in the distribution of income and in wealth on aggregate demand and its components. We extend the Bhaduri and Marglin (1990) model to include personal income inequality as well as asset prices and debt. This allows for an evaluation of the wage or...
Persistent link: https://www.econbiz.de/10011201286
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Kaleckian vs. Marxian specifications of the investment function: Some empirical evidence for the US
Schoder, Christian - Volkswirtschaftliche Fakultät, … - 2011
Following Lavoie et al. (2004), this paper empirically assesses four investment functions closing the Kaleckian baseline model in the long-run: (a) the Naive-Kaleckian specification without any long-run adjustment; (b) the Intermediate-Kaleckian specification with an endogenous adjustment of the...
Persistent link: https://www.econbiz.de/10008871183
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Metas de Inflação, Crescimento e Estabilidade Macroeconômica Uma análise a partir de um modelo póskeynesianomacrodinâmico não-linear
Lobo, Breno Santana; Oreiro, José Luis - Departamento de Economia, Faculdade de Economia, … - 2011
The aim of this paper is to analyze the effects of adopting an inflation targeting regime, in which central banks set the short-term interest rate as a response to deviations of inflation from its target and of output from its potential, over economic growth. To this end, we build a non-linear...
Persistent link: https://www.econbiz.de/10009140899
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Monetary Disequilibrium in the Theory of Endogenous Money
Korda, Jan - In: Politická ekonomie 2011 (2011) 5, pp. 680-705
The article deals with monetary disequilibrium in the theory of endogenous money. In new consensus economics, monetary …
Persistent link: https://www.econbiz.de/10009368414