We develop a point of view that synthesizes the main strands of economic thought, Neoclassical, Keynesian and Marxist … Neoclassical model of perfect competition is an ideal that departs considerably from reality; that instability cannot be assumed … away with perfect foresight, so that Keynesian economics and its developments are essential for understanding business and …

We develop a point of view that synthesizes the main strands of economic thought, Neoclassical, Keynesian and Marxist … Neoclassical model of perfect competition is an ideal that departs considerably from reality; that instability cannot be assumed … away with perfect foresight, so that Keynesian economics and its developments are essential for understanding business and …

This paper uses historical data from the United States to investigate the simple Keynesian consumption …-income relationship. When structural breaks are taken into account, the theory of the simple Keynesian consumption function performs quite … these results, which demonstrate that the simple Keynesian consumption function does indeed perform quite well as a first …

, Keynesian and the Real Business Cycle theories have been tested using both Granger causality and non-nested testing techniques …. The time-series data used for modelling the rival paradigms were processed using unit root and cointegration econometrics …

measures of volatility for each country. The cointegration results indicate a significant relationship, negative for four …

This paper validates the monetary model in the determination of the dollar-yen exchange rate by applying cointegration …

applied used time series econometric techniques, which included analyzing the stationary, co-integration and Error … cointegration relationship that is consistent with the interpretation that a solvency constraint is binding for each country. The …