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Is There a Long-Run Trade-Off between Inflation and Unemployment?
Axell, Bo; Lang, Harald - Institutet för Näringslivsforskning (IFN) - 1985
How are inflation and unemployment related in the long run? Are they negatively correlated, as in the so-called naive … in his Nobel lecture? <p> In this paper inflation is introduced into a general equilibrium search unemployment model. We … source of inflation. …
Persistent link: https://www.econbiz.de/10011019058
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Jean-Michel Grandmont : a forthcoming mind
Linnemer, Laurent; Visser, Michael S. - 2018
This profile of Jean-Michel Grandmont is based on several interviews we had with him between September 2016 and April 2017. The interviews took place at our CREST offices, located at that time in Malakoff, just south of Paris. The objective of the profile is twofold. First, we trace the career...
Persistent link: https://www.econbiz.de/10011853287
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John Maynard Keynes of Bloomsbury : four short talks
Goodwin, Craufurd D. W.; Weintraub, Eliot Roy; Hoover, … - 2009
Four talks on Keynes in relation to the Bloomsbury Group: I. Maynard Keynes of Bloomsbury (Craufurd Goodwin); II. Keynes as Policy Advisor (E. Roy Weintraub); III. Keynes and Economics (Kevin D. Hoover); IV. Keynes and Hayek (Bruce Caldwell). The talks were delivered as part of roundtable...
Persistent link: https://www.econbiz.de/10011603268
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The Renaissance of Keynesian Economics
Thirlwall, Anthony Philip - In: BNL Quarterly Review 46 (1993) 186, pp. 327-337
two subsequent streams of Monetarism (led by Friedman and Lucas) are slowly losing ground, there is a renewed interest in …
Persistent link: https://www.econbiz.de/10010699350
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The Renaissance of Keynesian Economics
Thirlwall, Anthony Philip - In: Banca Nazionale del Lavoro Quarterly Review 46 (1993) 186, pp. 327-337
two subsequent streams of Monetarism (led by Friedman and Lucas) are slowly losing ground, there is a renewed interest in …
Persistent link: https://www.econbiz.de/10010699351
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Short-run macro after the crisis : the end of the "new" neoclassical synthesis?
Landmann, Oliver - 2014 - Rev.
The Financial Crisis of 2008, and the Great Recession in its wake, have shaken up macroeconomics. The paradigm of the "New" Neoclassical Synthesis, which seemed to provide a robust framework of analysis for short-run macro not long ago, fails to capture key elements of the recent crisis. This...
Persistent link: https://www.econbiz.de/10010242840
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The Validity of Walras’ Law in a Monetary Exchange Economy : Money, Prices and the Integration of Monetary and Value Theory
Túñez Area, Narciso - 2020
according to which disequilibrium in market economies has a compensatory nature. Hence, disequilibrium in any market would imply ….e. they are not substitutes of money. When budget constraints take into account the realization problem associated with the … violation of the Classical Gross Substitution Axiom, disequilibrium turns out to be non-compensatory. This paper shows that …
Persistent link: https://www.econbiz.de/10012831481
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Reassessing the thesis of the monetary history
Laidler, David E. W. - 2013
's key variable, the quantity of money …
Persistent link: https://www.econbiz.de/10010191681
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Jean-Michel Grandmont - A Forthcoming Mind
Linnemer, Laurent; Visser, Michael - 2018
This profile of Jean-Michel Grandmont is based on several interviews we had with him between September 2016 and April 2017. The interviews took place at our CREST offices, located at that time in Malakoff, just south of Paris. The objective of the profile is twofold. First, we trace the career...
Persistent link: https://www.econbiz.de/10011872117
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John Maynard Keynes of Bloomsbury: Four short talks
Goodwin, Craufurd D. W.; Weintraub, E. Roy; Hoover, Kevin D. - 2009
Four talks on Keynes in relation to the Bloomsbury Group: I. Maynard Keynes of Bloomsbury (Craufurd Goodwin); II. Keynes as Policy Advisor (E. Roy Weintraub); III. Keynes and Economics (Kevin D. Hoover); IV. Keynes and Hayek (Bruce Caldwell). The talks were delivered as part of roundtable...
Persistent link: https://www.econbiz.de/10011613791