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C-EENRG Working Papers | C-EENRG
https://www.ceenrg.landecon.cam.ac.uk/publications/working-papers-118 Jul 2024: 26. A Post-Keynesian approach to modelling the economic effects of Covid-19 and possible recovery plans, Pollitt, H., Lewney, R., Kiss-Dobronyi, B. ... 26. A Post-Keynesian approach to modelling the economic effects of Covid-19 and possible recovery plans -
C-EENRG Working Papers, 2015-4. Pollitt and Mercure
https://www.ceenrg.landecon.cam.ac.uk/system/files/documents/wp04.pdf13. 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 -
BANK CREDIT AND THE HOUSING MARKET
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-13.pdf19 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. -
New books : September 2014 | Marshall Library
https://www.marshall.econ.cam.ac.uk/printresources/new-books-added-to-stock/2014-new-books/september201418 Jul 2024: 1 C 152 (Marshall Library Classmark). Economics of development / Dwight Perkins Fifth Edition. ... 26 AD 17 (Marshall Library Classmark). Post-Keynesian economics : new foundations / Marc Lavoie Cheltenham : Edward Elgar, 2014. -
The End of the Consensus in Macroeconomic Theory
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-12.pdf19 Oct 2023: previously discredited Keynesian economics. Kuhn, in an attempt to refute the charge that his. ... from the “economics of Keynes” through Keynesian economics (the IS-LM and AD-AS. -
Patinkin on Keynes:
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Backhouse/RB240511.pdf3 Jun 2011: strands of Post Keynesian economics. We are not denying that some interpretations of. ... argued that Post Keynesian economics still defines itself in opposition to versions of. -
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. -
https://www.jbs.cam.ac.uk/tag/jochen-runde/feed/
https://www.jbs.cam.ac.uk/tag/jochen-runde/feed/19 Jul 2024: Indeed, many non-mainstream traditions in economics such as the Post-Keynesian, Austrian, Institutionalist and neo-Schumpeterian schools, often distinguish themselves from the mainstream by explicitly rejecting the SEU model and ... By Jochen Runde, -
Emeritus Fellow receives Queen's Birthday Honour | Jesus College…
https://www.jesus.cam.ac.uk/articles/emeritus-fellow-receives-queens-birthday-honour21 Jul 2024: Dr Harcourt has been honoured for eminent service to higher education as an academic economist and author, particularly in the fields of post-Keynesian economics, capital theory and economic thought. ... He has also made important contributions in his
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New C-EENRG Working Paper on modelling the economic effects of…
https://www.ceenrg.landecon.cam.ac.uk/news/new-c-eenrg-working-paper-on-modelling-the-economic-effects-of-covid-19-and-possible-recovery-plans18 Jul 2024: Submitted by Administrator on Mon, 21/12/2020 - 16:37. New C-EENRG Working Paper 2020-05 A Post-Keynesian approach to modelling the economic effects of Covid-19 and possible ... However, conventional macroeconomic theory and models have once again been -
PDF - Jochen Runde - CV
https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/rundej-cv.pdf9 Jul 2023: Review of. Political Economy 13, 101-‐114. 3. (1999) A critical realist perspective on Paul Davidson’s methodological writings on – and rhetorical strategy for – Post Keynesian economics. ... Journal of Post Keynesian Economics 22, 35-‐56 (with -
Hayes191010
https://www.robinson.cam.ac.uk/postkeynesian/downloads/PK/Hayes191010.pdf20 Oct 2010: account of what is Post Keynesian economics, why we bother with it, and what. ... It will be clear that Post Keynesian economics has always been against financial. -
Long-Term Capital Management
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp03-12.pdf19 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 -
Paper_BOP_reduc_080610
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-08.pdf19 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 -
New books : February 2014 | Marshall Library
https://www.marshall.econ.cam.ac.uk/printresources/new-books-added-to-stock/2014-new-books/newbooks-february201418 Jul 2024: 77 F 73 (Marshall Library Classmark). Elgar companion to post Keynesian economics / edited by J.E. ... 90 K 59 (Marshall Library Classmark). Gender, care and economics / Jean Gardiner Basingstoke : Macmillan, 1997. -
THE MONETARY THEORY OF PRODUCTION AND THE MODERN MONEY THEORY: A…
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp0418.pdf19 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. -
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), -
Post Keynesian Macroeconomics
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Jespersen/Jespersen%20260110.ppt26 Jan 2010: Keynes, 1936: 3, my highlighting). Hence, Post-Keynesian economics have to deal with methodology:. ... Post-Keynesian economics is when uncertainty and money are taken seriously. It penetrates economic decision making and behaviour at all levels – micro -
APPENDIX
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-09.pdf19 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’ ”, -
New C-EENRG Working Paper on modelling the economic effects of…
https://www.landecon.cam.ac.uk/c-eenrg/news/new-c-eenrg-working-paper-modelling-economic-effects-covid-19-and-possible-recovery21 December 2020. New C-EENRG Working Paper 2020-05 A Post-Keynesian approach to modelling the economic effects of Covid-19 and possible recovery plans by Hector Pollitt, Richard Lewney, ... However, conventional macroeconomic theory and models have -
Multi_reduc_080610
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp03-08.pdf19 Oct 2023: as evolutionary, institutional, post-Keynesian and Kaldorian economics. This across the board recrimination of economics seems to originate from the. ... way into post-Keynesian and Kaldorian research. The most important breakthrough was the. -
On Crises in Macroeconomic Theory and Policy
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/representativeagentwp0814.pdf19 Oct 2023: between the New Classical and Post Keynesian economics above. As Kuhn (1970) pointed out, the paradigm will always be used in its own defence. ... Harcourt, G.C. (2008): The Structure of Post Keynesian Economics, The Core Contributions of the Pioneers, -
The Tyranny of the Accounting Identity Works Full Time: A Rejoinder…
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/aggregateproductionfunctions.wp1014.pdf19 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. -
PDF - On Keynes and China: Keynesianism 'with Chinese…
https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp1402.pdf9 Jul 2023: A recent search of Chinese economics journals also found that 43 out of 111 papers published in Mandarin between 1977 and 2009 could be categorized as specifically ‘Post-Keynesian’ (see Zhang ... Asada, T. (2012) ‘Japan’ in [Ed.] J. E. King, The -
New Consensus Macroeconomics: A Critical Appraisal
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp05-09.pdf19 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 -
Romero_McCombie_2016c_2
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp1602.pdf19 Oct 2023: 1. Thirlwall’s Law and the Specification of Export and Import Demand. Functions: An Investigation of the Impact of Relative Productivity. Growth on Trade Performance1. João P. Romero. Centro de Desenvolvimento e Planejamento Regional (CEDEPLAR), -
CambKEYNESSemStimulator18Jan11 _2_
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Norman/Norman180111outline.pdf13 Jan 2011: general and specifically in relation to (Post-) Keynesian (PK) economics. 2. ... The meaning of (Post-) Keynesian economics: where do the boundaries lie? -
Modern Monetary Circuit Theory, Stability of Interconnected Banking…
https://api.newton.ac.uk/website/v0/events/preprints/NI15063The theory is known under several names such as Stock-Flow Consistent (SFC) Model, Social Accounting Matrix (SAM) Model, etc.Post-Keynsian SFC macroeconomic growth models are discussed in numerousreferences. ... Here and above we looked at the classical -
1 Current and Future Regulatory Role of the ECB ...
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp0414.pdf19 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. -
On Accounting Identities and Aggregate Production Functions: A…
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-10.pdf19 Oct 2023: difference between the ex post rate of profit used in the identity and the neoclassical. -
On Accounting Identities and Aggregate Production Functions: A…
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-09.pdf19 Oct 2023: 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. -
Reporter Special 16/8/00: humanities and social sciences
https://www.reporter.admin.cam.ac.uk/reporter/1999-2000/special/20/6.html29 Nov 2011: Laidler, David. Fabricating the Keynesian Revolution: Studies of the Inter-war Literature on Money, the Cycle, and Unemployment (Historical Perspectives on Modern Economics). ... Lee, Frederic S. Post Keynesian Price Theory (Modern Cambridge Economics -
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. -
KEYNES AND THE MONETARY THEORY OF PRODUCTION
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Forges/GFD210513S.pdf3 Jun 2013: REFERENCES • Allain, O., Harwing, J. and Hayes, M. (2013). Effective demand: securing the foundations – A Symposium, “Post Keynesian Economics study. ... new consensus” approach, Journal of Post Keynesian Economics, 31, 4, pp.605-621. -
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 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 -
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. -
1 RUDIMENTARY INFLATION CONFLICT MODELS: A NOTE Bill Martin ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp535.pdf9 Jul 2023: Lavoie, M. (2022), Post-Keynesian Economics, 2nd edition, Cheltenham: Edward. Elgar Publishing. ... And should we?)’, Review of Keynesian Economics, Vol. 10, No. 1, 25–45. -
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: 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 -
WP 419 Paper
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp419.pdf9 Jul 2023: and. Ajit Singh Emeritus Professor of Economics, University of Cambridge. Life Fellow Queens College Cambridge Tun Ismail Ali Chair, University of Malaya. ... Thus, in this model there is a weak response from supply constraints via interest rates and -
WP0105
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-05.pdf19 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. -
SISTEMA NACIONAL DE INOVAÇÕES, COMPETITIVIDADE E CRESCIMENTO DAS…
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Resende/MR070513.pdf4 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. -
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 -
On the Origins of the Current Financial Crisis
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp08-09.pdf19 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. -
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. -
Intitulé de la présentation
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Berr/Berr.pps28 Apr 2010: Approach which breaks with mainstream economics. Obvious links between Eco-development and strong sustainability, to be deepen with post Keynesian economics. ... Conclusion. A unified post Keynesian approach does not exist yet that deals with a global -
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. -
C-EENRG Working Papers, 2015-2. Mercure et al.
https://www.ceenrg.landecon.cam.ac.uk/system/files/documents/wp02.pdfThis 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 -
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. -
https://www.jbs.cam.ac.uk/tag/john-maynard-keynes/feed/
https://www.jbs.cam.ac.uk/tag/john-maynard-keynes/feed/19 Jul 2024: is the Black-Scholes-Merton (BSM) model of option pricing, developed in the early 1970s and recognised in 1997 by the Nobel Prize in Economics. ... In the early 1930s he moved away from a top-down approach that sought to use economics and industrial -
Scazzieri On Post Keynesian Economics and the Economics of Keynes
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Backhouse/RS240511.pdf1 Jun 2011: 1. On Post Keynesian Economics and the Economics of Keynes: comment on Roger. ... contribution. The gist of his message is that Post Keynesian economics is basically.
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