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Keynes's Approach to Full Employment : Aggregate or Targeted Demand?
Tcherneva, Pavlina R. - 2008
and methodological grounds. Aggregate demand tends to increase inflation and erode income distribution near full … Keynes had an on the spot approach to full employment, where the problem of unemployment is solved via direct job creation …
Persistent link: https://www.econbiz.de/10014215947
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Minsky and economic policy :"Keynesianismʺ all over again?
Tymoigne, Éric (contributor) - 2008
Recently, national newspapers all over the world have suggested that we should reread John Maynard Keynes, and that Hyman P. Minsky provides a valuable framework for understanding the world in which we live. While rereading Keynes and discovering Minsky are noble goals, one should also remember...
Persistent link: https://www.econbiz.de/10003773518
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Keynes's approach to full employment : aggregate or targeted demand?
Tcherneva, Pavlina R. (contributor) - 2008
and methodological grounds. Aggregate demand tends to increase inflation and erode income distribution near full … Keynes had an on the spotʺ approach to full employment, where the problem of unemployment is solved via direct job creation …
Persistent link: https://www.econbiz.de/10003773510
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Governmental policies to reduce unemployment during recessions : insights from an ABM
Bauermann, Tom - 2020
the generosity of unemployment benefits (UB) and short-time work. This paper aims to contribute to the theoretical … unemployment benefits and increasing search efforts, b) a fiscal stimulus and c) short-time work. In contrast to other studies that … from the heterogeneity of agents. I find four main results: 1) a) has nearly no effect on unemployment in the short run and …
Persistent link: https://www.econbiz.de/10012214516
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Labour's loss : why macroeconomics matters
Storm, Servaas - In: PSL quarterly review 74 (2021) 299, pp. 249-285
Electoral support for social democracy in Western Europe is in free fall. The implosion of social democracy is largely self- inflicted, because 'Third Way' social democracy alienated its traditional supporters by (a) a deliberate move to the non- reformist, status-quo oriented macroeconomics of...
Persistent link: https://www.econbiz.de/10013175133
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The return of fiscal policy : can the new developments in the new economic consensus be reconciled with the Post-Keynesian view?
Tcherneva, Pavlina R. (contributor) - 2008
The monetarist counterrevolution and the stagflation period of the 1970s were among the theoretical and practical developments that led to the rejection of fiscal policy as a useful tool for macroeconomic stabilization and full employment determination. Recent mainstream contributions, however,...
Persistent link: https://www.econbiz.de/10003772163
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Arbeitslosigkeit und Inflation : eine Einführung in die makroökonomischen Kontroversen
Kromphardt, Jürgen - 1998 - 2., neu bearb. Aufl.
Persistent link: https://www.econbiz.de/10000673990
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The long shadow of Versailles : an unusual controversy on John Maynard Keynes between the German ordoliberals Walter Eucken and Wilhelm Röpke
Horn, Karen - 2023
Ordoliberalism and Keynesianism are not exactly known to fit hand in glove. Accordingly, the German economists Walter Eucken, head of the Freiburg school, and Wilhelm Röpke, from his Istanbul and Geneva exiles, were in near perfect agreement in their opposition to the interventionist "full...
Persistent link: https://www.econbiz.de/10014384561
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Full employment : a survey of theory, empirics and policies
Lichtenberger, Andreas; Heimberger, Philipp; Arsenev, … - 2024
unemployment and maximum employment approaches; and the unfilled vacancies perspective. Furthermore, we provide and discuss …
Persistent link: https://www.econbiz.de/10014541848
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What jobs should a public job guarantee provide? : lessons from Hyman P. Minsky
Haim, Daniel - 2021
The job guarantee is a viable policy option for tackling both unemployment and underemployment. Hyman P. Minsky was one …
Persistent link: https://www.econbiz.de/10012419360