Search

19 Oct 2023: 6, pp. 133-155. McCombie, J.S.L. (2000-2001), “The Solow Residual, Technical Change and Aggregate Production Functions”, Journal of Post Keynesian Economics vol.23, pp. ... Second Thoughts on Solow’s ‘Second Thoughts on Growth Theory’ ”,

19 Oct 2023: Angeriz, A. and Arestis, P. (2009), “The Consensus View on Interest Rates and Fiscal Policy: Reality or Innocent Fraud?”, Journal of Post Keynesian Economics, Fortcoming. ... Arestis, P. and Sawyer, M. (2003), ‘Reinstating Fiscal Policy’, Journal

19 Oct 2023: production function. It is the very first equation of Solow’s (1957) seminal. ... production functions using value (monetary) data. There are qualifications, such. as the difference between the ex post rate of profit used in the identity and the.

19 Oct 2023: economics. Its roots can be traced in Lydia of Asia Minor where the first money was in evidence. ... Asymmetric Information This drawback originates from the new-Keynesian notions of asymmetric information (see, for example, Stiglitz and Weiss, 1981),

19 Oct 2023: It draws heavily on the so-called new Keynesian economics (see Meyer, 2001, and the Bank of England, 2005). ... The authors of this study utilise a ‘meta-analysis’, widely used in medical sciences but not so frequently in economics.

19 Oct 2023: reality or innocent fraud?”, Journal of Post Keynesian Economics, vol. 31, n. ... post-war era: An institutional-analytical explanation of inflation and the functional. distribution of income”, Journal of Institutional Economics, vol.

19 Oct 2023: An Evolutionary-Keynesian Analysis, Cambridge: Cambridge University Press. Gordon, R. J., 1975, 'The demand for and supply of inflation', Journal of Law and Economics. ... Post Keynesian Economics 20, No. 1, 47-76. Solow, Robert, 2000, 'Towards a

19 Oct 2023: function. It is the very first equation of Solow’s (1957) seminal paper. ... difference between the ex post rate of profit used in the identity and the neoclassical.

3 Jun 2011: strands of Post Keynesian economics. We are not denying that some interpretations of. ... Kregel had drawn attention to Post Keynesian economics in the pages of the Journal of.

19 Oct 2023: Journal of Post Keynesian Economics, 34(3), Spring: 431-51. Forges Davanzati, G. ... 2016). “Credit supply, credit demand and unemployment in. the mode of Augusto Grazian,” Review of Keynesian Economics, September,.

19 Oct 2023: approaches, such as Post-Keynesian and neo-Schumpeterian growth models, fully. incorporate the existence of different sectors with different characteristics implies that. ... encourage sectoral transformation in both in the Kaldorian and Post-Keynesian

19 Oct 2023: 13. 2.3. Money and finance in post-Keynesian economics. 13. 2.4. Money and finance in the post-Schumpeterian (evolutionary) school.15. ... 2.3. Money and finance in post-Keynesian economics. Money plays a central role in post-Keynesian economics – as

4 Mar 2013: In Post Keynesian. economics, however, investment ‘causes’ savings, as Keynes (1936, 1937a, 1937b) showed. ... Although there are many studies that deal with open economies in the Post Keynesian.

19 Oct 2023: surplus), the coefficients obtained in econometric estimations of production functions using value data. ... dealt with some of them in our earlier reply (Felipe and McCombie, 2010a).

1 May 2014: Fiscal rules in monetary unions. Journal of Post Keynesian. Economics 36 (1), 85-104. ... Journal of Post Keynesian Economics 30 (1), 79-100. 33. Godley, W., Hannsgen, G., Papadimitriou, D.B., Zezza, G., 2007.

19 Oct 2023: These post hoc theoretical revisions were thought sufficient to defend the original thesis of a disappointing empirical record. ... recession in the post World War II era.

19 Oct 2023: Keynesian results, are given more prominence in a way that weakens fiscal policy. ... RET,3 implies that expectational and wealth effects might outweigh the Keynesian type of.

19 Oct 2023: unemployment patterns may lie in the impacts of structural shifts and institutional change. ... Journal of Post Keynesian Economics 25(4), 613-640. Arestis, P., M.C. Baddeley, and M.

19 Oct 2023: Functions: An Investigation of the Impact of Relative Productivity. Growth on Trade Performance1. ... canonical model of economic growth in the Kaldorian tradition. This model sought to.

19 Oct 2023: Post Keynesian scholars paid attention to theseissues, working within a theoretical framework where increasing public spending has positive ef-fects on the path of labour productivity. ... Post Keynesian scholars support the view that the so-called

19 Oct 2023: micro-data. Using a large panel of firms from the Brazilian manufacturing industry. ... regions. Fingleton (2000; 2001; 2003) extended the Verdoorn. literature to incorporate new elements from, for instance, urban economics, using spatial.

19 Oct 2023: 3. The Economics of UK Monetary Policy. The economics of the BoE’s IT are firmly embedded in equations (1) to (6) as shown. ... recorded in the post-second-world-war era. Yet another telling example is the.

19 Oct 2023: impact of demographics and the external sector in order to generalise a nationwide. ... 7See Feroli et al. (2012) for a description of the transmission mechanism of monetary policy in the New Keynesian models.

19 Oct 2023: to a devaluation of the local currency. Exchange rate devaluations improve the price. ... relevant determinant of export performance (e.g. Fagerberg, 1988; Greenhalgh et al., 1994;.

3. Economics is the science of confusing stocks with flows. In our opinion, the functioning of the economy and the role of money isbest described by the Monetary Circuit Theory (MCT), ... Here and above we looked at the classical LVGEs and KEs and

9 Jul 2023: The post-Keynesian economists (see for example Davidson, 2001), take a more radical stance. ... The Keynesian and the post-Keynesian emphasis is on inherent uncertainty about the future, on speculation and the macro-economic co-ordination failures at

13. 2.3. Money and finance in post-Keynesian economics. 13. 2.4. Money and finance in the post-Schumpeterian (evolutionary) school.15. ... 2.3. Money and finance in post-Keynesian economics. Money plays a central role in post-Keynesian economics – as

19 Oct 2023: This isnot a new theoretical approach. In point of fact, it is at the roots of both Schumpeterian(Schumpeter, 1934, 1939) and Keynesian (Keynes, 1936) forms of demand-led economics. ... Apost-Schumpeterian or post-Keynesian perspective also allows for

9 Jul 2023: and. Ajit Singh Emeritus Professor of Economics, University of Cambridge. Life Fellow Queens College Cambridge Tun Ismail Ali Chair, University of Malaya. ... The simulations are constructed with the Cambridge-Alphametrics model (CAM), which is a

9 Jul 2023: As capitalism evolved, so did ideas and theories about the economics of austerity. ... Key dimensions of the post 2007/8 financial crisis debate about austerity economics are explored in Section six.

19 Oct 2023: 1966 edition of the Quarterly Journal of Economics was that Samuelson’s parable provided no. ... of Economics symposium in 1966 and most comprehensively by Garegnani (1970).13 For the.

19 Oct 2023: Department of Land Economy, University of Cambridge, Cambridge, CB9 3EP, United Kingdom; email. ... seminal 1972 paper, “The Irrelevance of Equilibrium Economics”. In this, Kaldor was heavily.

9 Jul 2023: The introductory paragraph of Book 1, Chapter IV of the Eighth Edition of his Principles of Economics reads:. ... In it, the local production system is conceptualised as a ‘unit of investigation’ of industrial economics.

This isnot a new theoretical approach. In point of fact, it is at the roots of both Schumpeterian(Schumpeter, 1934, 1939) and Keynesian (Keynes, 1936) forms of demand-led economics. ... Apost-Schumpeterian or post-Keynesian perspective also allows for

26 Apr 2013: 230). 11 Graziani (2003, p.24) also maintains that “A point of convergence between circuit theory and the post Keynesian school can be found in the analysis of income distribution. ... Here circuitist theorists follow the post Keynesian school in the

9 May 2012: To this end, we have. 136 Intervention. European Journal of Economics and Economic Policies. ... Press. Palley, T.I. (2009): Imports and the income-expenditure model: Implications for fiscal policy and recession fighting, in: Journal of Post Keynesian

Tony Lawson. Faculty of Economics. Sidgwick Avenue. Cambridge CB3 9DD. E-mail: Tony.Lawson@econ.cam.ac.uk. ... economics, are unreliable. But the same is not obviously true of lay theorising.

19 Oct 2023: 1. WHY THE CONVENTIONAL TEST OF THIRLWALL’S LAW IS STILL NOT A. ... matter what numerical values are chosen. For example, the estimation of the Keynesian.

19 Oct 2023: economists alike. There is no entry in the Elgar Companion to Post Keynesian Economics and. ... literally two sentences in King’s (2002) history of post-Keynesian economics. This is not.

9 Jul 2023: Journals in which CBR work appeared (or is forthcoming) include: Economic Journal, Economica, Journal of Corporate Finance, European Journal of Finance, Indian Journal of Labour Economics, Business Economist, International Review of ... Applied Economics,

31 Jan 2024: in the New Century. Christine Whitehead. OBE, PhD, BSc (Econ), ARICS, FSPRProfessor in Housing, Department of Economics, London School of Economics. ... governance. The analysis was undertaken between December 2010 and May 2012. The project was led by

31 Jul 2012: neo-classical, Keynesian, monetarist and post-Keynesian approaches, as well as most eclectic models), despite their differences, had much in common. ... expand. But Keynesian, post-Keynesian and even most monetarist advice was based on a monetary

21 Dec 2012: McCombie, Professor JohnMcCombie, J S L, Allington, N F B and Pike, M, ‘Lessons not learned: from the collapse of Long-Term Capital Management to the subprime crisis’, Journal of Post ... Keynesian Economics, Vol 34, no 4, pp 555-582 (2012).

9 Jul 2023: explaining the results of post-Stalinist Reform in Europe and Asia’ in Brown, D. ... and Sawyer, M. (eds.) Capital Controversy, Post Keynesian Economics and the History of Economic Theory: Essays in Honour of Geoff Harcour, (London: Routledge).

in the New Century. Christine Whitehead. OBE, PhD, BSc (Econ), ARICS, FSPRProfessor in Housing, Department of Economics, London School of Economics. ... governance. The analysis was undertaken between December 2010 and May 2012. The project was led by

9 Jul 2023: 2007. This rate of growth, close to the post-war norm,is materially below the 3% observed pace of annual expansion that gave credence to theidea of Britainʼs New Golden Age. ... In volume terms, export share increased between 1992and 1996 on the back of

21 Apr 2017: Submitted to Cambridge Journal of Regions, Economy and Society. Acknowledgments: This research for this paper was undertaken as part of a project funded by the. ... uneven development – from sector to sector, from region to region – of the

16 May 2024: A European Public Investment Outlookxvi. Politica, Journal of Analytical and Institutional Economics. ... Francesco is the author of several articles in economics journals, including World Development, Regional Studies, Papers in Regional Science,