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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: Macmillan, 1993). The Post-Keynesian Approach to Economics: An Alternative Analysis of Economic Theory and. ... Elgar Publishing Limited, 1998). Capital Controversy, Post Keynesian Economics and the History of Economic Theory: Essays. -
1 RUDIMENTARY INFLATION CONFLICT MODELS: A NOTE Bill Martin ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp535.pdf9 Jul 2023: 4. Keynesian macroeconomic models. Marc Lavoie’s 2022 textbook carefully articulates post-Keynesian thinking.10 Other recent modern treatments in the same vein include those by Nah and Lavoie (2019) and ... Lavoie, M. (2022), Post-Keynesian Economics, -
C-EENRG Working Papers, 2015-4. Pollitt and Mercure
https://www.landecon.cam.ac.uk/sites/default/files/2023-05/wp04.pdf19 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 -
BANK CREDIT AND THE HOUSING MARKET
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-13.pdf19 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 -
The End of the Consensus in Macroeconomic Theory
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-12.pdf19 Oct 2023: some as the formalisation and development of the neoclassical economics after the Keynesian. ... from the “economics of Keynes” through Keynesian economics (the IS-LM and AD-AS. -
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. -
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. -
Paper_BOP_reduc_080610
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp01-08.pdf19 Oct 2023: 1997). 17. While much of the existing neo and new classical theories use the equilibrium framework, it is generally believed that the Keynesian theory is based on the disequilibrium framework. ... If a distinction is made between equilibrium as merely a -
On Crises in Macroeconomic Theory and Policy
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/representativeagentwp0814.pdf19 Oct 2023: For example, the Post Keynesian. and New Classical Economics share the many of the same economic concepts. ... between the New Classical and Post Keynesian economics above. As Kuhn (1970) pointed out, the paradigm will always be used in its own defence. -
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). ... Vieira and Vieira (2012) in an ex post analysis of the EMU’s first decade in existence (including the initial group of eleven countries as -
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: regression results and the values of the estimated parameters are determined by the accounting identity. ... over 0.9, and the estimated output elasticities equal the factor shares (Douglas,1976). -
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 -
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. -
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: causation described in the Kaldor-Dixon-Thirlwall model ceases to operate and the. ... coefficients and the expected signs. The effect of foreign TFP, however, is slightly. -
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. ... simulations. A major difference between their explanation and the others is that Felipe. -
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. ... The accounting identity is given by: Assuming (i) perfect competition and the (ii). -
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. -
Financial Liberalization and Long Term Economic Development
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp245.pdf9 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 -
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 -
University of Cambridge PhD Handbook 2023-24 2 Welcome from ...
https://www.latin-american.cam.ac.uk/files/phd_handbook_2023-24_final.pdf6 Nov 2023: He also works on inequality measurement, complexity economics, heterodox frameworks in economics (Marxist, post-Keynesian, Institutionalist, the Capabilities approach), class analysis, financialisation, state theory, Brazilian economic history, -
REGULATION, POWER AND SCALE: 'REWORKING' CAPITAL-LABOUR…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp157.pdf9 Jul 2023: In doing so, this paper follows the ongoing cross-disciplinary convergence in work dealing with institutionalisation and governance between branches of economics, such as institutional, post-Keynesian and post-Marxian economics, ... Here, the events -
THE MACRO-ECONOMIC IMPACT OF BREXIT: USING THE CBR MACRO-ECONOMIC ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp483.pdf9 Jul 2023: In addition the actual experience of UK export performance is examined for a long period including both pre- and post- accession years. ... The extended period with a very low volume of loans since 2008 is unprecedented in the post-war economic history -
Technical Progress Function WP 02-15
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/technicalprogressfunctionwp0215.pdf19 Oct 2023: KALDOR’S “TECHNICAL PROGRESS FUNCTION” AND THE VERDOORN LAW REVISITED. John S.L. ... seminal 1972 paper, “The Irrelevance of Equilibrium Economics”. In this, Kaldor was heavily. -
WP 434 WP Sue Konzelmann
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp434.pdf9 Jul 2023: British ‘Treasury view’ and the ‘Keynesian’ challenge which ultimately ushered in a ‘paradigm shift’ during the decades following World War Two. ... Key dimensions of the post 2007/8 financial crisis debate about austerity economics are -
WP373_Zumbansen
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp373.pdf9 Jul 2023: the scope of legal regulation of business in the context of Keynesian economics and Welfare statism, on the other. ... post-Keynesian economics and post-Welfare state governance, future attention has to be directed to both corporations and the state as -
21 October 2006
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp03-09.pdf19 Oct 2023: On the Motion of the Planets and Temple’s “Aggregate Production Functions and Growth Economics”. ... of Economics symposium in 1966 and most comprehensively by Garegnani (1970).13 For the. -
CO-OPERATION IN PRODUCTION, THE ORGANIZATION OF INDUSTRY AND…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp481.pdf9 Jul 2023: of view for the rather ‘potty’ scraps of elementary algebra, geometry, and differential calculus which make up mathematical economics. ... 157-8). 9. 4. Markets, Industrial Organization and Power. In liberal economics, the theoretical position on -
THE CBR MACRO-ECONOMIC MODEL OF THE UK ECONOMY (UKMOD) ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp472.pdf9 Jul 2023: Instead we have returned to basic Keynesian principles guided by the further development of Keynesian concepts by Godley and Lavoie in their book Monetary Economics.5 In this approach the level ... The model is based on the post-Keynesian approach of -
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. ... elasticities of demand for exports and imports, and the subscript t is time. -
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: exports and the relative price terms to be statistically insignificant. This statistically, inter. ... matter what numerical values are chosen. For example, the estimation of the Keynesian. -
McCombie & Spreafico wp.
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp1603.pdf19 Oct 2023: 38 percent of post- tax incomes) (Bivens and Mishel, 2013). The income of the top one percent is. ... amnesia by the majority of the economics profession. (The exceptions include the post Keynesian. -
CBR Annual Report 2012-2013 FINAL (2)_IH
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/03/cbr-annual-report-2013.pdf9 Jul 2023: Discipline Journal . Economics and Innovation Studies Economic Journal; Economics Letters; Journal of Institutional and Theoretical Economics; Research Policy; The Journal of Technology Transfer; Small Business Economics; -
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.pdf19 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,. -
AR_I_AB 21Nov08 v4
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/03/cbr-annual-report-2008.pdf9 Jul 2023: The CBR is an interdisciplinary centre and draws upon researchers from the Faculties of Economics, Law, and Social and Political Sciences; the Departments of Geography and Land Economy; the Manufacturing Engineering ... It was also expected that, in -
– A Comparative Approach Med dansk sammenfatning The Private ...
https://www.landecon.cam.ac.uk/sites/default/files/2024-01/final-report_8_0.pdf31 Jan 2024: Deregulation of rents on post-1991 construction and the. complexity of current rent systems 99. ... CCHPR worked in partnership with LSE London, a research centre within the London School of Economics (LSE) which spe-cialises in comparative analyses -
Income Inequality and Growth Paper WP 01-15
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/copy_of_incomeinequalityandgrowthpaperwp0115.pdf19 Oct 2023: J.S.L. McCombie is Director of the Cambridge Centre of Economic and Public Policy (CCEPP), University of Cambridge and Fellow in Economics, Downing College (corresponding author: jslm2@cam.ac.uk). ... spectrums of economics including both neoclassical -
Lucia Reisch - Publications (PDF)
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/04/reisch-lucia-publications.pdf9 Jul 2023: Behavioural economics, consumer behaviour, and. consumer policy: State of the art. ... Economics and Human Biology, 18 (July), 139-152. Impact Factor 1.901 (2015), ISI. -
APPENDIX 5:
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/03/cbr-evaluation-report-to-esrc-output.pdf9 Jul 2023: and van den Bergh, R. (eds.) Law and Economics and the Labour Market (Aldershot: Elgar). ... and Sawyer, M. (eds.) Capital Controversy, Post Keynesian Economics and the History of Economic Theory: Essays in Honour of Geoff Harcour, (London: Routledge). -
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 -
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’ ”, -
A European Public Investment Outlook
https://api-thoth-arch.lib.cam.ac.uk/server/api/core/bitstreams/aeb896d8-7761-4f95-9989-b9a7b8bf9e2b/content16 May 2024: Federica Rossi is currently post-doctoral research fellow in Economics at Politecnico di Milano and she collaborates with Università Cattolica del Sacro Cuore in Milan (Italy). ... Her research interests include topics in the area of regional economics
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