Showing 9,591 - 9,600 of 9,646
The aim of this article is to discuss why we should synthesize feminist and post-Keynesian/Kaleckian economics. We answer three related questions. Why does post-Keynesian economics need feminist economics? Why does feminist economics need post-Keynesian macroeconomics? Finally, what is the...
Persistent link: https://www.econbiz.de/10014433732
This article considers the current economic situation from the lens of modern money theory (MMT) and expresses a policy response rooted in post-Keynesian theory and empirical data for the US and the euro area. First, MMT supports targeted deficit spending to promote production. Increasing...
Persistent link: https://www.econbiz.de/10014433735
Progressive policy proposals influenced by post-Keynesian economics emphasise the use of fiscal policy and income redistribution to maintain aggregate demand at levels which achieve full employment. Given persistent evidence of weak demand, excess capacity and unemployment in rich economies...
Persistent link: https://www.econbiz.de/10014433736
We review post-Keynesian contributions to demand and growth regime analysis. First, for the theoretical model perspective, we distinguish the Kalecki–Steindl approach and the Sraffian supermultiplier approach as relevant theoretical foundations for demand and growth regime research, with...
Persistent link: https://www.econbiz.de/10014481023
This paper develops two Sraffian supermultiplier models of two different kinds of economies that are dependent upon foreign direct investment (FDI): the 'export platform FDI-led' growth model and the 'tax haven FDI-led' growth model. The former is driven by the growth of the exports of...
Persistent link: https://www.econbiz.de/10014481036
In the wake of the global energy crisis, many European countries used energy price controls to fight inflation and to stabilize the economy. Despite its wide adoption, many economists remained skeptical. In this paper, we argue that price controls should be part of the policy toolbox to respond...
Persistent link: https://www.econbiz.de/10014502430
In the wake of the global energy crisis, many European countries used energy price controls to fight inflation and to stabilize the economy. Despite its wide adoption, many economists remained skeptical. In this paper, we argue that price controls should be part of the policy toolbox to respond...
Persistent link: https://www.econbiz.de/10014517443
Demand and growth regimes (DGR) and macroeconomic policy regimes (MPR) frameworks have assumed prominence within the post-Keynesian literature. However, most studies based on these conceptual frameworks have focused on developed economies. The main contribution of this paper is to provide a...
Persistent link: https://www.econbiz.de/10014518618
This paper aims to contribute to the debate of post-Keynesian growth models and the political economy of populism by investigating the relationship between the changes in demand and growth regimes and the politics of the right-wing populist governments in Poland and Hungary after the Global...
Persistent link: https://www.econbiz.de/10014518621
In recent decades, neo-mercantilism has become ubiquitous among small and large states. The conventional explanation for the appeal of an export-led growth regime has focused on the material interests of domestic growth coalitions. This article offers an alternative explanation for transition to...
Persistent link: https://www.econbiz.de/10014518628