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Compatibility and complementarity between institutional and post-Keynesian economics: a literature review with a particular focus on methodology
The objective of this article is to carry out a review of the links between institutional and post-Keynesian economics, in order to raise the...
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Rationality, inequality, and the output gap: evidence from a disaggregated Keynesian cross diagram
This paper examines the conditions under which a representative agent (RA) model can accurately approximate the output of a multi-agent model that...
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Reconsideration of modern monetary theory-type fiscal and monetary stabilization policy from a viewpoint of the dynamic Keynesian model
In this paper, we examine macroeconomic stability and instability of a dynamic Keynesian Model with a theoretical foundation of Modern Monetary...
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Institutional Economics in the Twenty-First Century Based on the Creative Rivalry among Post-Keynesian and Post-Marxian Theories
Based on the research of Japanese institutionalist post-Keynesians, we discuss a possible future of “institutionalism in the board sense” in the...
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Keynes and Keynesian Economics
Keynes has had a global influence ever since the Treaty of Versailles, when his The Economic Consequences of the Peace (1919) was spread world...
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A Keynesian–Minskian perspective on the transformation of industrial into financial capitalism
During the past decades, industrial capitalism has been transformed into something which has been dubbed ‘Casino Capitalism’, ‘Turbo Capitalism’ or...
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Epilogue: The Road of Macroeconomics Away from Keynesian Economics
The Great Depression molded macroeconomic theory and policy for a long time, the impact of this shattering experience was far-reaching and, in many...
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Economics at Harvard and MIT
The chapter deals with economics in the American Cambridge, at Harvard and MIT, with the rise to prominence of the MIT Department of Economics where...
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Growth drivers in emerging capitalist economies: building blocks for a post-Keynesian analysis and an empirical exploration of the years before and after the Global Financial Crisis
This paper contributes to the growth models debate by expanding the concept of growth drivers to emerging capitalist economies (ECEs). Conceptually,...
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The Keynesian nexus between the market for goods and the labour market
In this paper, I build on the Keynesian analysis of the market for goods to draw some implications on the dynamic behaviour of some typical labour...
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Economics in Cambridge, UK, after Keynes
The chapter deals with the economics in Cambridge, UK, the most important center of non-mainstream economics in the few decades after the war....
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Monetary Policy and Determinacy: An Inquiry into Open Economy New Keynesian Macrodynamics
Determinacy properties and conditions of equilibrium solution have been the subject of growing discussion and research in macroeconomics. Following...
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A Basic Version of the Micro-founded Neo-Keynesian Model
This chapter considers a basic Neo-Keynesian micro-founded model. In particular, for the choices of firms, it distinguishes various forms of...
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Cheap Talk in a New Keynesian Model
This paper shows that the stance of fiscal policy does have significant impact on the conduct of monetary policy in the United States. Further, we...
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Economics at the Cowles Commission in Chicago and Yale
The chapter deals with economics at the Cowles Commission in Chicago (until 1955) and then at Yale, under the leadership of Jacob Marschak, Tjalling...
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Pareto’s legacy in the Italian tradition: the case of mathematical economics
Pareto’s personality had a great influence on the evolution of economic theory in the last century at least in the Italian context. At the beginning...
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Cambridge Economics in the Post-Keynesian Era The Eclipse of Heterodox Traditions
This book chronicles the rise and especially the demise of diverse revolutionary heterodox traditions in Cambridge theoretical and applied economics,...
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Non-Mainstream Economics in the USA
The chapter deals with the non-Mainstream economics in USA, represented by the Post Keynesians, the neo-Marxists and the Institutionalists. Firstly,...
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Multiplicity in New Keynesian Models
The common practice in monetary economics is to linearize a model around its deterministic equilibrium. In this paper, we show analytically that when...
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A note on application of Miyazawa’s multiplier to multisector model of evolutionary economics
This paper aims to show one of the ways of introducing income distribution into the model of evolutionary economics presented by Shiozawa et al....
