consumption via managing inflation expectations based on the Euler equation. Unconventional fiscal policy uses trivial … announcements of future consumer-price increases to boost inflation expectations and consumption expenditure on impact. Instead …

this book we find the first steps leading towards the notion of liquidity preference enlarged in A Treatise on Money and … fully defined in The general theory such us we are presently using it. Previously, A Treatise on Money, represented one of … tries to call the attention towards A Treatise on Money, which brings out some theoretic and idological difficulties to be …

Maynard Keynes and Dennis Robertson, mainly in the 1930´s, about the forced saving theory as opposed to the Keynesian … the forced saving doctrine. Following, the Keynesian criticism to these ideas, culminating with his General Theory. The …

We empirically assess whether a usually expected negative response of private consumption and private investment to a … HP-based; and iii) the Hamilton (2018)-based. We find that: i) increases in government consumption have a Keynesian … effect on real per capita private consumption; ii) there is a positive effect of tax increases on private consumption when …

increase in the wage share would have positive effects on consumption and affects investment and net exports negatively. The … Netherlands. Based on a Neo-Kaleckian theoretical macroeconomic model, equations for the main demand aggregates (consumption …, investment, exports and imports) are estimated. The effect of an increase in the wage share on these aggregates is calculated …