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  2. Introducing Macroeconomic Modelling: An Econometric Study of the…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-04/arestis_p_-_list_of_publications.pdf
    19 Oct 2023: Karakitsos), Mathematical. Modelling, (Summer, 1987). "The Credit Segment of a UK Post Keynesian Model", Journal of Post Keynesian Economics,. ... Macro-Model for the UK Economy", Journal of Post Keynesian Economics, (Summer, 1989).
  3. PDF - Jochen Runde - CV

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/rundej-cv.pdf
    9 Jul 2023: Journal of Post Keynesian Economics 22, 35-‐56 (with Lewis, P.). (1998) Assessing Causal Economic Explanations. ... Economics, Economic Journal, Economics and Philosophy, Journal of Economic Methodology, Journal of Economic Psychology, Journal of
  4. BANK CREDIT AND THE HOUSING MARKET

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-13.pdf
    19 Oct 2023: and Bover, O. (1995), “Another Look at the Instrumental Variable Estimation of Error-components Models”, Journal of Econometrics, 68 (1): 29-51. ... Arestis, P. and Karakitsos, E. (2008), “The US Housing Slump and the Consumer”, Journal of Post
  5. The End of the Consensus in Macroeconomic Theory

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-12.pdf
    19 Oct 2023: from the “economics of Keynes” through Keynesian economics (the IS-LM and AD-AS. ... to his critics in the 1937 Quarterly Journal of Economics. In this he outlined the way.
  6. Long-Term Capital Management

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp03-12.pdf
    19 Oct 2023: in the financial markets and in the work of Post-Keynesian economists that emphasised. ... macroeconomics. They call this the Conditional Expectations Hypothesis (CEH) and. while not citing any of the Post-Keynesian work on uncertainty, they provide a
  7. Paper_BOP_reduc_080610

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-08.pdf
    19 Oct 2023: Analysing the post-war performance of developing countries, the authors argue that some. ... If a distinction is made between equilibrium as merely a state of rest and a state of rest which is an optimal state, then Keynesian economics can also be
  8. Romero_McCombie_2015b

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/multisectoralthirwallslawwp0415.pdf
    19 Oct 2023: CCEPP WP 04-15. DEPARTMENT OF LAND ECONOMY. UNIVERSITY OF CAMBRIDGE. OCTOBER 2015. ... 3. 1. Introduction. From a Keynesian perspective, economic growth is led by the growth of demand.
  9. APPENDIX

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-09.pdf
    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’ ”,
  10. New Consensus Macroeconomics: A Critical Appraisal

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp05-09.pdf
    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
  11. On Accounting Identities and Aggregate Production Functions: A…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-09.pdf
    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.
  12. WP0505

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp05-05.pdf
    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),
  13. 1 Current and Future Regulatory Role of the ECB ...

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp0414.pdf
    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.
  14. THE MONETARY THEORY OF PRODUCTION AND THE MODERN MONEY THEORY: A…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp0418.pdf
    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.
  15. On Accounting Identities and Aggregate Production Functions: A…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-10.pdf
    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.
  16. WP0105

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-05.pdf
    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
  17. GLI EFFETTI PERVERSI DELLA MODERAZIONE SALARIALE E LA PROPOSTA DI…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/ccepp_wp_02-22_davanzati.pdf
    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,.
  18. 1 STRUCTURAL CHANGE AND CUMULATIVE CAUSATION: A KALDORIAN APPROACH ...

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/ccepp-wp-01-20.pdf
    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. C-EENRG Working Papers, 2015-4. Pollitt and Mercure

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/wp04.pdf
    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
  20. The Tyranny of the Accounting Identity Works Full Time: A Rejoinder…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-12.pdf
    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).
  21. On the Origins of the Current Financial Crisis

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp08-09.pdf
    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.
  22. On the effectiveness of monetary policy and of fiscal policy

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp06-09.pdf
    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.
  23. CCEPPWP0705

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp07-05.pdf
    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.
  24. Modern Money Theory: a Critical Assessment and a Proposal ...

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/cceppwp0219.pdf
    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
  25. Romero_McCombie_2016c_2

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp1602.pdf
    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.
  26. 1 Increasing returns to scale at the firm-level: a ...

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-08.pdf
    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.
  27. THE MONETARY POLICY OF THE BANK OF ENGLAND

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-06.pdf
    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.
  28. MODELLING THE HOUSING MARKET IN OECD COUNTRIES

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-13.pdf
    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.
  29. Innovation, export performance and trade elasticities across…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/cceppwp0419.pdf
    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;.
  30. Financial Liberalization and Long Term Economic Development

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp245.pdf
    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
  31. C-EENRG Working Papers, 2015-2. Mercure et al.

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/wp02.pdf
    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
  32. WP 419 Paper

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp419.pdf
    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
  33. WP 434 WP Sue Konzelmann

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp434.pdf
    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.
  34. Technical Progress Function WP 02-15

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/technicalprogressfunctionwp0215.pdf
    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.
  35. 21 October 2006

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp03-09.pdf
    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.
  36. CO-OPERATION IN PRODUCTION, THE ORGANIZATION OF INDUSTRY AND…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp481.pdf
    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.
  37. 1 WHY THE CONVENTIONAL TEST OF THIRLWALL’S LAW IS ...

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/ccepp_wp_01-22_mccombie.pdf
    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.
  38. The Tyranny of the Accounting Identity Works Full Time: A Rejoinder…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-03/aggregateproductionfunctions.wp1014.pdf
    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.
  39. AR_I_AB 21Nov08 v4

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/03/cbr-annual-report-2008.pdf
    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,
  40. – A Comparative Approach Med dansk sammenfatning The Private ...

    https://www.landecon.cam.ac.uk/sites/default/files/2024-01/final-report_8_0.pdf
    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
  41. APPENDIX 5:

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/03/cbr-evaluation-report-to-esrc-output.pdf
    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).
  42. UKIRC Rebalancing the British economy:Layout 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/04/cbr-specialreport-rebalancingbritisheconomy.pdf
    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
  43. A European Public Investment Outlook

    https://api-thoth-arch.lib.cam.ac.uk/server/api/core/bitstreams/aeb896d8-7761-4f95-9989-b9a7b8bf9e2b/content
    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,

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