Showing 1 - 10 of 13,775
AND BREAKS IN TREND: DOES HYSTERESIS IN EMPLOYMENT IMPLY HYSTERESIS IN THE GROWTH PATH OF REAL OUTPUT? -- CHAPTER 7 … nonfarm payroll employment in the USA, the book emphasizes the role of aggregate demand shocks in causing the US economy to … demand on real GDP and employment levels in the long run. Hartman studies modern macroeconomic theories related to economic …
Persistent link: https://www.econbiz.de/10014544841
Persistent link: https://www.econbiz.de/10010421859
A simple Post Keynesian growth model is developed, in which financial variables are explicitly taken into account. Different possible accumulation regimes are derived with respect to changes of these variables. Several variants of an investment function are estimated econometrically. The...
Persistent link: https://www.econbiz.de/10003771254
Persistent link: https://www.econbiz.de/10003388106
In this paper we take into account the role of the banking system, credit and stock market in stimulating aggregate demand in post Keynesian tradition. According to the results of impulse response analysis; it appears all three financial development indicators contributed as expected in...
Persistent link: https://www.econbiz.de/10013123401
Persistent link: https://www.econbiz.de/10000906246
Persistent link: https://www.econbiz.de/10000944179
Persistent link: https://www.econbiz.de/10001338800
Persistent link: https://www.econbiz.de/10001594753
Persistent link: https://www.econbiz.de/10000601375