Similar Search Results

Post-Keynesian macroeconomics since the mid-1990s : main developments

Hein, Eckhard - 2016

purpose the main differences between heterodox economics in general, including post-Keynesian economics, and orthodox … economics will be reiterated and an overview over the strands of post-Keynesian economics, their commonalities and developments …

Persistent link: https://www.econbiz.de/10011560674

Milton Friedmans economics and political economy : an old Keynesian critique

Palley, Thomas I. - 2014

Milton Friedman's influence on the economics profession has been enormous. In part, his success was due to political …. Friedman's professional triumph is testament to the weak intellectual foundations of the economics profession which accepted … ideas that are conceptually and empirically flawed. His success has taken economics back in a pre-Keynesian direction and …

Persistent link: https://www.econbiz.de/10010393515

Korea's macroeconomic prospects and major policy issues for the next decade

Corbo, Vittorio; Nam, Sang-woo - 1987

Persistent link: https://www.econbiz.de/10000719029

Adjustment of global imbalances : illustrative scenarios for Hungary

Hornok, Cecília; Jakab, M. Zoltán; Barnabás Tóth, Máté - 2007

In this study we examine the impact on Hungary of a possible correction of global imbalances. We distinguished four different channels of the global adjustment process, which are widely referred to in the literature (fiscal tightening in the U.S.; housing price correction in the US; an increase...

Persistent link: https://www.econbiz.de/10009350034

Monetary persistence and the labor market : a new perspective

Lechthaler, Wolfgang; Merkl, Christian; Snower, Dennis J. - 2010

In this paper we propose a novel way to model the labor market in the context of a New-Keynesian general equilibrium model, incorporating labor market frictions in the form of hiring and firing costs. We show that such a model is able to replicate many important stylized facts of the business...

Persistent link: https://www.econbiz.de/10003937114

Monetary emissions trading mechanisms

Monnet, Cyril; Temzelides, Ted - 2014

use insights from dynamic mechanism design in monetary economics to derive properties of dynamic emissions trading …

Persistent link: https://www.econbiz.de/10010246055

Interactive macroeconomics : a pluralist simulator

Prante, Franz J.; Barmucci, Alessandro; Hein, Eckhard; … - 2019

The aim of our contribution is to present an innovative instrument to teach macroeconomics at the undergraduate and master level. We develop a digital learning platform to present and explore some controversies at the very foundations of macroeconomic theory. For this purpose, we explicitly...

Persistent link: https://www.econbiz.de/10011994508

Paul Samuelson, Robert. V. Roosa, and the economics of credit rationing

Acosta, Juan C.A. - 2016

This paper discusses the role played by NY Fed economist Robert Roosa and Paul Samuelson in the emergence of the literature on credit rationing at the beginning of the 1950s. I argue that, contrary to the story one can find in the technical surveys, an intermediate step between Roosa and the...

Persistent link: https://www.econbiz.de/10011609898

A century of macroeconomic and monetary thought at the National Bank of Belgium

Maes, Ivo - 2010

Persistent link: https://www.econbiz.de/10003963141

Are earthquakes needed to shake economics?

Schettkat, Ronald - 2010

The current crisis is like an earthquake for the theoretical foundations of economic policies, which have guided governments and central banks for the last few decades. The efficient market hypothesis and its application to labor markets –“natural rate theory”- dominated interpretations of...

Persistent link: https://www.econbiz.de/10008651698

1
2
3
4
5
6
7
8
9
10
Next
Last