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The paper considers the legacy for modern macroeconomics of Kalecki’s theory of income determination. The latter is … Kalecki’s theoretical construction have been a lasting, even if usually unacknowledged, legacy to the toolkit of modern …
Persistent link: https://www.econbiz.de/10005126093
We use a macro-theory framework of analysis to assess Greek macro-policy with emphasis on the period of the Greek debt crisis. The latter is mainly the result of misguided past internal policies deviating from the policy lessons of modern macroeconomics. The current policy, however, provides a...
Persistent link: https://www.econbiz.de/10010420686
We use a macro-theory framework of analysis to assess Greek economic policy, with emphasis on the current period of the Greek debt crisis. We argue that this is mainly the result of misguided past internal policies deviating substantially from the policy lessons of modern macroeconomics. The...
Persistent link: https://www.econbiz.de/10010504442
We use a macro-theory framework of analysis to assess Greek economic policy, with emphasis on the current period of the Greek debt crisis. We argue that this is mainly the result of misguided past internal policies deviating substantially from the policy lessons of modern macroeconomics. The...
Persistent link: https://www.econbiz.de/10010406209
We use a macro-theory framework of analysis to assess Greek macro-policy with emphasis on the period of the Greek debt crisis. The latter is mainly the result of misguided past internal policies deviating from the policy lessons of modern macroeconomics. The current policy, however, provides a...
Persistent link: https://www.econbiz.de/10010412757
analysis developed by Keynes and Kalecki, Minsky and Sylos Labini, and others …
Persistent link: https://www.econbiz.de/10013113966
analysis developed by Keynes and Kalecki, Minsky and Sylos Labini, and others …
Persistent link: https://www.econbiz.de/10013120079
After the financial crisis, macroeconomics became an unsettled discipline raising pedagogical challenges as to how to teach principles courses. This article concerns a principles of economics course that was initially taught with traditional methods. After students performed poorly during the...
Persistent link: https://www.econbiz.de/10012960894
This paper discusses a longstanding debate between two empirical approaches to macroeconomics: the econometrics program represented by Lawrence R. Klein, and the statistical economics program represented by Milton Friedman. I argue that the differences between these two approaches do not consist...
Persistent link: https://www.econbiz.de/10011609690
We use a macro-theory framework of analysis to assess Greek economic policy, with emphasis on the current period of the Greek debt crisis. We argue that this is mainly the result of misguided past internal policies deviating substantially from the policy lessons of modern macroeconomics. The...
Persistent link: https://www.econbiz.de/10010903782