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to carry out counter-cyclical macroeconomic policy. This paper also analyzes the effects of monetary and fiscal shocks on … ́GDP to monetary shock is negative, while in non-CIS countries this effect is close to zero. However, we find negative …
Persistent link: https://www.econbiz.de/10011378079
to carry out counter-cyclical macroeconomic policy. This paper also analyzes the effects of monetary and fiscal shocks on … ́GDP to monetary shock is negative, while in non-CIS countries this effect is close to zero. However, we find negative …
Persistent link: https://www.econbiz.de/10011441477
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In this paper the main developments in post-Keynesian macroeconomics since the mid- 1990s will be reviewed. For this purpose the main differences between heterodox economics in general, including post-Keynesian economics, and orthodox economics will be reiterated and an overview over the strands...
Persistent link: https://www.econbiz.de/10011560674
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often questioned the conventional wisdom and established new consensuses in fiscal, monetary and labor market policies by …
Persistent link: https://www.econbiz.de/10012818057
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