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The Review of Keynesian Economics is dedicated to the promotion of research in Keynesian economics.
《Review of Keynesian Economics》Volume 12,Issue 4 (Oct 2024).
Renewed interest in fiscal policy has increased the use of quantitative models to evaluate policy. Because of modelling uncertainty, it is essential that policy evaluations be robust to alternative ...
We introduce a numerical algorithm for solving dynamic economic models that merges stochastic simulation and projection approaches: we use simulation to approximate the ergodic measure of the solution...
According to the textbook Keynesian model, short-run demand for labor is sensitive to the demand for goods. In this view, sellers deviate from setting the marginal product of labor proportional to the...
About the economic growth the Keynesian theorists defend circular and cumulative processes,benefiting the rich localities and harming the poorest, without external interventions. In these processes t...
Recent research has found that the dynamic properties of the New Keynesian model can be very different when the nominal interest rate is zero. Improvements in technology and reductions in the labor ta...
Keynesian Economics After All     Economics  prices       2011/7/19
It is demonstrated that the US economy has on the long-term in reality been governed by the Keynesian approach to economics independent of the current official economical policy. This is done by calc...
We reformulate the traditional AS-AD growth model, with a Taylor policy rule replacing the conventional LM-curve. The essential features of the model are gradually adjusting wages and prices, perfect ...

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