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19 Oct 2023: Pigou effects, that govern the system’s response to shocks. The shift to imperfect competition at the micro level distinguishes New Keynesian from New Classical economics. ... Most important is the recognition that New Keynesian economics is trapped in

19 Oct 2023: micro-economics, but not to the same extent in macroeconomics. ... and Flexible Exchange Rates”, Canadian Journal of Economics and Political Science, 29(November ), 475-485.

19 Oct 2023: new branches of research within neoclassical economics have spawned from the inclusion of. ... without mainstream economics. In addition, the most recent efforts to incorporate a regional.

19 Oct 2023: Arestis, P. and Karakitsos, E. (2008), “The US Housing Slump and the Consumer”, Journal of Post Keynesian Economics, 30 (3): 335-352. ... Bridges, S., Disney, R. and Gathergood, J. (2006), “Housing Collateral and Households Indebtedness: Is There a

19 Oct 2023: 1. Fiscal Policy within the New Consensus Macroeconomics Framework. Philip Arestis. Abstract Recent developments in macroeconomics, which has come to be known as ‘New Consensus in Macroeconomics’, downgrades the role of fiscal policy and

19 Oct 2023: economics that is being widely used in spatial economics, namely, the aggregate production. ... assumption that there exist well-defined micro-production functions, with output and capital.

19 Oct 2023: Abstract We propose a simple, yet sufficiently encompassing classification scheme of monetary economics. ... 1. Introduction. Monetary economics links closely with macroeconomics and it is both ultimately.

18 Jan 2024: opportunity costs)? Second order (indirect) Positive short and longer term economic micro and macro impacts and the differences in these derived by tenure (e.g. ... wealth effects, equity release and interest rates) In addition How do economic micro and