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One of Keynes' core issues in his liquidity preference theory is how fundamental uncertainty affects the propensity to …
Persistent link: https://www.econbiz.de/10010267088
Phillips curve, is also assessed in the light of his own preference, which he shared with Keynes, for a pragmatic Marshallian …
Persistent link: https://www.econbiz.de/10010291906
on Keynes's place in its history, suggesting that these stem from a particular and debatable understanding of how the … subdiscipline has evolved. It considers some implications for today's awkward economic facts of aspects of Keynes' General Theory … that the questions about co-ordination that Keynes addressed, not to mention some of his answers, are well worth revisiting. …
Persistent link: https://www.econbiz.de/10010292008
One of Keynes’ core issues in his liquidity preference theory is how fundamental uncertainty affects the propensity to …
Persistent link: https://www.econbiz.de/10010299492
disturbing factor of a generally stable real economy (Wicksell, Hayek, Schumpeter, Fisher, and the early Keynes). Thereafter … works of Keynes and the contributions of Minsky are of importance. Lastly, it is looked at the behavioural finance …
Persistent link: https://www.econbiz.de/10010332605
This paper scrutinizes the debate of Keynes and Hayek concerning the adequate re- sponse to economic crises from a …
Persistent link: https://www.econbiz.de/10010334501
Persistent link: https://www.econbiz.de/10010334660
Keynes's essay "Relative Movements of Real Wages and Output" is widely believed to be an important amendment to his … General Theory because, in this essay, Keynes relaxed his core assumption of decreasing marginal returns to labour. Non … Demand. This will be demonstrated by performing - for the first time in the literature - numerical simulations with Keynes …
Persistent link: https://www.econbiz.de/10010420572
Keynes-Tinbergen controversy, it is argued that Keynes' criticism comprises the "Lucas critique," and that it is misleading …
Persistent link: https://www.econbiz.de/10010427458
This is a review article of A 'Second Edition' of the General Theory Vols 1 and 2 edited by G.C. Harcourt and P.A. Riach (London: Routledge, 1997).
Persistent link: https://www.econbiz.de/10010443313