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https://www.jbs.cam.ac.uk/tag/john-maynard-keynes/feed/
https://www.jbs.cam.ac.uk/tag/john-maynard-keynes/feed/17 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 -
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. -
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. -
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. -
PDF - Exploring critical realism as the theoretical foundation of…
https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp1003.pdf9 Jul 2023: Susan Scott Information Systems & Innovation Group, Department of Management, London School of Economics,. ... 2003). In 1996, the Nobel laureate in Economics, Milton Freedman, claimed that “economics has. -
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. -
Modern Money Theory: a Critical Assessment and a Proposal ...
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/cceppwp0219.pdf19 Oct 2023: Post Keynesian scholars paid attention to theseissues, working within a theoretical framework where increasing public spending has positive ef-fects on the path of labour productivity. ... Post Keynesian scholars support the view that the so-called -
1 SOC 9: Global Capitalism 2023–2024 Course overview…
https://www.sociology.cam.ac.uk/files/soc_9_paper_guide_2023-24.pdf10 Jan 2024: Keen, S. 2013. “Predicting the ‘Global Financial Crisis’: Post-Keynesian Macroeconomics.” Economic Record 89(285): 228–254. ... Lavoie, M. 2016. “Understanding the global financial crisis: contributions of post-Keynesian economics.” Studies -
THE MONETARY POLICY OF THE BANK OF ENGLAND
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/wp02-06.pdf19 Oct 2023: to be a precondition for high growth and employment. In the post-1997 system the. ... recorded in the post-second-world-war era. Yet another telling example is the. -
1 Risk-opportunity analysis for transformative policy design and…
https://www.landecon.cam.ac.uk/sites/default/files/2023-05/wp25.pdf19 Oct 2023: philosophical pedigree of welfare economics going back to 18th century, through which much. ... Basic welfare economics principles, as applied in finance ministries, are most useful when. -
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. -
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: These were of course. 17. largely Eastern-European post-Soviet bloc countries with very low labour costs. ... This approach compares the pre-accession trends in economic behaviour with post-accession behaviour. -
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) -
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 -
Bill Martin - Cambridge Judge Business School
https://www.jbs.cam.ac.uk/people/bill-martin/Martin, B. (2008) “Fiscal policy in a stock-flow consistent model: a comment.” Journal of Post Keynesian Economics, 30(4): 649-667 (DOI: 10.2753/PKE0160-3477300408). ... Martin, W.E. (ed.) (1981) The economics of the profits crisis. London: HMSO. -
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 -
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. -
1 Debt cycles, instability and fiscal rules: A Godley-Minsky ...
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Dafermos/YD200514.pdf1 May 2014: Fiscal rules in monetary unions. Journal of Post Keynesian. Economics 36 (1), 85-104. ... Journal of Post Keynesian Economics 30 (1), 79-100. 33. Godley, W., Hannsgen, G., Papadimitriou, D.B., Zezza, G., 2007. -
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: Wage and price setting is post-Keynesian. Consumer prices are determined by a mark-up on wage and import costs offset by labour productivity. ... The model is based on the post-Keynesian approach of Wynne Godley described in Monetary Economics by Godley -
MARX MEETS KALDOR:
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/ccepp-wp02-18.pdf19 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. -
WP 434 WP Sue Konzelmann
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp434.pdf9 Jul 2023: As capitalism evolved, so did ideas and theories about the economics of austerity. ... Key dimensions of the post 2007/8 financial crisis debate about austerity economics are explored in Section six. -
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 -
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,. -
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, -
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: The introductory paragraph of Book 1, Chapter IV of the Eighth Edition of his Principles of Economics reads:. ... In it, the local production system is conceptualised as a ‘unit of investigation’ of industrial economics. -
Past Workshop Programmes (archive version) | Cambridge Social Ontology
https://www.csog.econ.cam.ac.uk/Cambridge-Realist-Workshop/archive-workshop-programmes17 Jul 2024: 13 November. Steve Dunn. (Leeds University Business School). Post Keynesian Economics: an open systems approach. ... May 11. Fred Lee. De Montfort University. Critical Realism, Grounded Theory and Post Keynesian Economics. -
Lang - Cambridge - Keynes seminar
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Lang/DL120213A.pdf13 Feb 2013: INTERNATIONAL MACROECONOMICS AND POST-‐KEYNESIAN ANALYSES" CENTER OF ECONOMICS OF PARIS NORTH, NATIONAL CENTER FOR. ... economics are promising:. Seppecher (2011): a world of “true uncertainty” (a la Keynes) where firms “simply don’t know” -
1 Risk-opportunity analysis for transformative policy design and…
https://www.ceenrg.landecon.cam.ac.uk/system/files/documents/wp25.pdfphilosophical pedigree of welfare economics going back to 18th century, through which much. ... Basic welfare economics principles, as applied in finance ministries, are most useful when. -
Cambridge Keynes Seminar
https://www.robinson.cam.ac.uk/postkeynesian/keynes.html7 Apr 2015: 24 May Roger Backhouse, University of Birmingham. On Post Keynesian economics and the economics of Keynes. ... 23 February Geoff Harcourt, Jesus College, Cambridge. Where next for Post Keynesian Economics? -
Journals beginning with J | Marshall Library
https://www.marshall.econ.cam.ac.uk/printresources/journal-lists/j-journals-list17 Jul 2024: 1983-). Journal of Law and Economics. Gallery 163. (1977-2006). Basement. (1958-1976). ... 1929-1939). (1929- imperf.). Journal of Post-Keynesian Economics. Gallery 165 - 166. -
MTP V _forges davanzati_
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Forges/GFD210513.pdf26 Apr 2013: 230). 11 Graziani (2003, p.24) also maintains that “A point of convergence between circuit theory and the post Keynesian school can be found in the analysis of income distribution. ... Here circuitist theorists follow the post Keynesian school in the -
Slide 1
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Fontana/Fontana%20without%20talk.pps30 Nov 2009: 2 The Historical Development of Dissent in Keynesian Economics. 3 Methodology and Economic Theory in Keynes's General Theory. ... Chapter 2: The Historical Development of Dissent in Keynesian Economics. The Origins of Post Keynesian Economics. -
Professor John McCombie | Downing College Cambridge
https://www.dow.cam.ac.uk/people/professor-john-mccombieThatcher Reconsidered”, (with N.F.B. Allington), (2009), Intervention: European Journal of Economics and Economic Policy, vol. ... Roberts), Journal of Post Keynesian Economics, (2008), vol. 31, pp. 57-78. -
Development of a Stock-flow Consistent UK Macroeconomic Model for…
https://www.jbs.cam.ac.uk/centres/business-research-cbr/research/research-projects/project-development-of-a-stock-flow-consistent-uk-macroeconomic-model-for-policy-analysis/Gudgin, G. ‘Not the OBR A Macro-economic Policy Model of the UK Economy with insights from Godley & Lavoie’, with Ken Coutts Post Keynesian Economics Study Group Annual Conference, Greenwich University, ... Seminar paper given at Kingston University -
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. -
Probability, risk and uncertainty - News & insight - Cambridge…
https://www.jbs.cam.ac.uk/2021/probability-risk-and-uncertainty/desirability of their consequences—going on to become widely adopted in mainstream economics, many came to regard the risk/uncertainty distinction as redundant. ... Indeed, many non-mainstream traditions in economics such as the Post-Keynesian, Austrian -
PowerPoint Presentation
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Resende/MR070513S.pdf25 May 2013: set aside. Post Keynesian economics: investment „causes‟. savings, as Keynes showed. ... Land Economy. 2013. How does the Post Keynesian literature address. the relationship between national savings,. -
CCEPP Publications | Department of Land Economy
https://www.landecon.cam.ac.uk/cambridge-centre-for-economic-and-public-policy/page/ccepp-publicationsand Lima G.T. (2017). Some unpleasant Currency-devaluation Arithmetic in a Post Keynesian Macromodel”, Journal of Post Keynesian Economics, Vol. ... 1-14. Arestis P., and M.F. da Cunha Resende (2015). Fiscal Policy and the Substitution between National -
Final Chap 2_july2008
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Jespersen/Jespersen%20260110.pdf17 Jan 2010: The coherence of Post Keynesian Economics lies principally at the methodological. ... behind post-Keynesian macroeconomic theory. Introduction to macroeconomic methodology: central issues. Economics is a science of thinking in terms of models joined to -
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. -
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 -
– 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: ENglaNd 110. Regulation prior to the 1980s 110. Post-1980: almost complete liberalisation 111. ... The project was sponsored by the Knowledge Centre for Housing Economics in Copen-hagen. -
11-12 Trumpington Street, Cambridge CB2 1AG Centre for Business ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/03/cbr-annual-report-2016.pdf9 Jul 2023: out research (economics, innovation studies, geography, law, management, accounting, political science and sociology). ... Employment relations International Labour Review; Industrial Law Journal; British Journal of Industrial Relations; Indian Journal -
Vol. 9 (2012), Number 1 | Jg. 9 (2012), ...
https://www.robinson.cam.ac.uk/postkeynesian/downloads/Pusch/TP131112.pdf9 May 2012: In dynamic Post Keynesian models (see Setterfield 2006 as an example) prices and/or inventories of firms are reacting when planned production and actual effective demand do not match in any ... Press. Palley, T.I. (2009): Imports and the -
CEENRG Working Papers | Department of Land Economy
https://www.landecon.cam.ac.uk/c-eenrg/page/ceenrg-working-papers26. A Post-Keynesian approach to modelling the economic effects of Covid-19 and possible recovery plans, Pollitt, H., Lewney, R., Kiss-Dobronyi, B. ... However, conventional macroeconomic theory and models have once again been found wanting, and
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