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19 Oct 2023: Most important is the recognition that New Keynesian economics is trapped in an equilibrium framework that cannot. ... Post Keynesian Economics 20, No. 1, 47-76. Solow, Robert, 2000, 'Towards a Macroeconomics of the Medium Run”, Journal of Economic.

19 Oct 2023: Keynesian view, which assumes that the demand for credit is inelastic to fluctuations in. ... Arestis, P. and Karakitsos, E. (2008), “The US Housing Slump and the Consumer”, Journal of Post Keynesian Economics, 30 (3): 335-352.

19 Oct 2023: Krugman,. for example, considers that most of the insights of Keynesian economics (the. ... Harcourt, G.C. (2008): The Structure of Post Keynesian Economics, The Core Contributions of the Pioneers, Cambridge: Cambridge University Press.

19 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

19 Oct 2023: 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 interpreted as ... Consequently the usefulness of cointegration techniques to the Keynesian models

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: On Accounting Identities, Simulation Experiments and Aggregate Production Functions: A Cautionary Tale for (Neoclassical) Growth Theorists. Jesus Felipe and John McCombie1. Forthcoming: in M. Setterfield, (ed.), Handbook of Alternative Theories of

19 Oct 2023: distribution and production, “European Journal of Economics and Economic Policies:. Intervention”, 2015, vol. ... Dutt, A.K. (2010), Keynesian growth theory in the 21th century, in P.

19 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

19 Oct 2023: 3. 1. Introduction. From a Keynesian perspective, economic growth is led by the growth of demand.

19 Oct 2023: macroeconomic analysis and policy. By contrasting the core features of the original Keynesian. ... Democracies. Cambridge MA: Harvard University Press. Hicks, J. (1974) The Crisis in Keynesian Economics.

19 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.

19 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

19 Oct 2023: reality or innocent fraud?”, Journal of Post Keynesian Economics, vol. 31, n. ... E. King (ed.), Elgar companion to post. Keynesian economics, Cheltenham, UK, Edward Elgar.

19 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

19 Oct 2023: 15. Pigou, A.C. (1946), The Economics of Welfare, (4th ed.) London: Macmillan. ... Tobin, J. (1986), “The Future of Keynesian Economics”, Eastern Economic Journal, 12(4), 347-356.

19 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.

19 Oct 2023: Journal of Post Keynesian Economics 25(4), 613-640. Arestis, P., M.C. Baddeley, and M.

19 Oct 2023: matter what numerical values are chosen. For example, the estimation of the Keynesian.

19 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.