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analysing his institutional approach to the phenomenon of inflation and its link with monetary policy and monetary regimes. Some …
Persistent link: https://www.econbiz.de/10014230861
The article reviews J.M.Keynes' Collected Works, recently republished in paperback edition. The author proposes a number of reading paths along the thirty-volumes strong collection, highlighting the development of Keynes' ideas and activities.
Persistent link: https://www.econbiz.de/10010765232
This paper considers the economic policy advocated by Keynes and Friedman in relation to their particular theoretical framework. They have in common an opposition to fine-tuning of the economy. With regard to the contrasting strategies of rules versus discretion, both would be advocates of...
Persistent link: https://www.econbiz.de/10010550865
the reaction of post-Keynesian economists to examine alternatives to inflation-targeting monetary strategies and to Taylor … rentiers' interest income in a money/debt-using and demand determined economy. The ultimate objective of this model is to …
Persistent link: https://www.econbiz.de/10014363113
the reaction of post-Keynesian economists to examine alternatives to inflation-targeting monetary strategies and to Taylor … rentiers’ interest income in a money/debt-using and demand determined economy. The ultimate objective of this model is to …
Persistent link: https://www.econbiz.de/10011133342
Persistent link: https://www.econbiz.de/10010482980
This paper argues that the natural rate of unemployment hypothesis, in which equilibrium unemployment is determined by … unemployment is haunted by hysteresis. The curious history of the natural rate hypothesis is considered, curious because the … regarding hysteresis effects on output and unemployment is then reviewed. …
Persistent link: https://www.econbiz.de/10014363204
This paper argues that the natural rate of unemployment hypothesis, in which equilibrium unemployment is determined by …, equilibrium unemployment is haunted by hysteresis. The curious history of the natural rate hypothesis is considered, curious … evidence regarding hysteresis effects on output and unemployment is then reviewed. …
Persistent link: https://www.econbiz.de/10011133346
Persistent link: https://www.econbiz.de/10013198819
unemployment", compared to the keynesian project of a general theory which would marginalize the classical cases. This neo … [mally adopted a theory of structural unemployment with classical properties. …
Persistent link: https://www.econbiz.de/10005078886