Showing 1 - 10 of 40,626
) coming. Obviously, the answer is complex, but it must include reference to the evolution of macroeconomic theory over the … leave out the parallel developments in finance theory - with its efficient markets hypothesis - and in approaches to … 12 and 17 of the General Theory. It essentially reduced Keynes to sticky wages and prices, with nonneutral money only in …
Persistent link: https://www.econbiz.de/10008906589
Persistent link: https://www.econbiz.de/10003379768
, this paper looks at 12 essential elements necessary to get a good understanding of Minsky's theory, and argues that those …
Persistent link: https://www.econbiz.de/10003720693
Persistent link: https://www.econbiz.de/10002173237
Persistent link: https://www.econbiz.de/10001126111
Persistent link: https://www.econbiz.de/10001378475
realism in mainstream monetary theory, as can be found in both undergraduate textbooks and most macroeconomic models. They … theory, fearing that, on that mistaken basis, actors in the financial markets would misrepresent and misjudge the … for heterodox monetary theory; in particular, for post-Keynesian theory. The objective of this paper is to analyze the …
Persistent link: https://www.econbiz.de/10003996795
Persistent link: https://www.econbiz.de/10009247674
Persistent link: https://www.econbiz.de/10000555233
Persistent link: https://www.econbiz.de/10000678726