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search results for `Keynesian Economics` |u:www.landecon.cam.ac.uk
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The Tyranny of the Accounting Identity Works Full Time: A Rejoinder…
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-12.pdf19 Oct 2023: 1. THE TYRANNY OF THE ACCOUNTING IDENTITY WORKS FULL TIME:. A REJOINDER TO TEMPLE. Jesus Felipe and John McCombie. Abstract In a reply to Felipe and McCombie (2010a), Temple (2010) has largely ignored the main arguments that underlie the accounting -
Classifying Monetary Economics
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp10-09.pdf19 Oct 2023: Abstract We propose a simple, yet sufficiently encompassing classification scheme of monetary economics. ... Arestis and Mihailov (February 2009), Classifying Monetary Economics 8. technology costs (such as CiA or in the Keynesian tradition of Baumol, -
On the Origins of the Current Financial Crisis
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp08-09.pdf19 Oct 2023: 1. Subprime Mortgage Market and Current Financial Crisis Philip Arestis1 and Elias Karakitsos2 Abstract This contribution demonstrates that the August 2007 financial crisis was the result of three forces: financial liberalization, financial -
On the effectiveness of monetary policy and of fiscal policy
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp06-09.pdf19 Oct 2023: Keynesian results, are given more prominence in a way that weakens fiscal policy. ... traditional Keynesian literature.10 This large difference in fiscal multipliers is explained by. -
CCEPPWP0705
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp07-05.pdf19 Oct 2023: Journal of Post Keynesian Economics 25(4), 613-640. Arestis, P., M.C. Baddeley, and M. -
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.pdf19 Oct 2023: matter what numerical values are chosen. For example, the estimation of the Keynesian. -
1 STRUCTURAL CHANGE AND CUMULATIVE CAUSATION: A KALDORIAN APPROACH ...
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/ccepp-wp-01-20.pdf19 Oct 2023: Keynesian) growth models do not fully incorporate this issue, and hence they are unable to. ... approaches, such as Post-Keynesian and neo-Schumpeterian growth models, fully. incorporate the existence of different sectors with different characteristics -
Modern Money Theory: a Critical Assessment and a Proposal ...
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/cceppwp0219.pdf19 Oct 2023: JEL classification:C62, C63, E32, E62. University of Salento – Department of Law, Economics Section. ... stock. In our opinion, this“pure” keynesian model represents a good “rational reconstruction” of MMT. -
Romero_McCombie_2015b
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/multisectoralthirwallslawwp0415.pdf19 Oct 2023: 3. 1. Introduction. From a Keynesian perspective, economic growth is led by the growth of demand. -
1 Increasing returns to scale at the firm-level: a ...
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-08.pdf19 Oct 2023: regions. Fingleton (2000; 2001; 2003) extended the Verdoorn. literature to incorporate new elements from, for instance, urban economics, using spatial. -
WP0505
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp05-05.pdf19 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), -
THE THEORETICAL BASIS OF THE CGIL’S ANALYSIS OF THE ITALIAN ECONOMIC…
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/ccepp-wp01-18-1.pdf19 Oct 2023: It has been shown that the theoretical basis of the CGIL’s interpretation (as well as its policy prescriptions) is Post Keynesian in essence. ... goods and labour market, “Quarterly Journal of Economics”, pp. 879-906. Camusso S., Baseotto N., -
C-EENRG Working Papers, 2015-2. Mercure et al.
https://www.landecon.cam.ac.uk/sites/default/files/2023-05/wp02.pdf19 Oct 2023: This aspect is treated in detail in the traditions of evolutionary economics (e.g. ... 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 -
THE MONETARY POLICY OF THE BANK OF ENGLAND
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-06.pdf19 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. -
MODELLING THE HOUSING MARKET IN OECD COUNTRIES
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-13.pdf19 Oct 2023: 7See Feroli et al. (2012) for a description of the transmission mechanism of monetary policy in the New Keynesian models. -
McCombie & Spreafico wp.
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp1603.pdf19 Oct 2023: the underworld of economics. The motives of those who studied it were impugned. ... amnesia by the majority of the economics profession. (The exceptions include the post Keynesian. -
Innovation, export performance and trade elasticities across…
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/cceppwp0419.pdf19 Oct 2023: Innovation, export performance and trade elasticities. across different sectors and countries. Ana C. Bottega. Centre for Regional Development and Planning (Cedeplar-UMFG). João P. Romero. Centre for Regional Development and Planning (Cedeplar-UMFG) -
Technical Progress Function WP 02-15
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/technicalprogressfunctionwp0215.pdf19 Oct 2023: seminal 1972 paper, “The Irrelevance of Equilibrium Economics”. In this, Kaldor was heavily. -
Introducing Macroeconomic Modelling: An Econometric Study of the…
https://www.landecon.cam.ac.uk/sites/default/files/2023-04/arestis_p_-_list_of_publications.pdf19 Oct 2023: Macro-Model for the UK Economy", Journal of Post Keynesian Economics, (Summer, 1989). ... 46, No. 3, (August, 1999). "Post Keynesian Economics and Its Critics" (with Stephen P. -
Regional Growth, Estimates of Agglomeration Economies and the…
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp04-12.pdf19 Oct 2023: economics that is being widely used in spatial economics, namely, the aggregate production. ... have been largely ignored by the economics profession is related to the instrumental.
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