New Keynesian Economics / Post Keynesian Alternatives (eBook, ePUB)

Redaktion: Rotheim, Roy

• Format: ePub

Produktbeschreibung

The New Keynesian Economics has been the most significant development in economics in recent years. Does it actually build upon Keynes' work? In this volume, leading post Keynesian economists challenge New Keynesianism both on the grounds that it is not Keynesian, and does not provide an adequate account of our current economic problems.

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Produktdetails

• Verlag: Taylor & Francis eBooks
• Seitenzahl: 412
• Erscheinungstermin: 7. März 2013
• Englisch
• ISBN-13: 9781134804757
• Artikelnr.: 38245810

Autorenporträt

Roy Rotheim (Skidmore College, USA)

Inhaltsangabe

Introduction PART I Prices, outputs and markets 1 Setting the record
straight 2 Keynes and the New Keynesians on market competition 3 New
Keynesian macroeconomics and markets 4 Price theory and macroeconomics:
stylized facts and New Keynesian fantasies PART II The labour market 5
Wages and employment: a Keynesian model 6 New Keynesian macroeconomics and
the determination of employment and wages 7 Some questions for New
Keynesians 8 Social norms as rational choices 9 New Keynesians, Post
Keynesians and history 10 Elements of conflict in UK wage determination
PART III Money, credit rationing and asymmetric information 11 Menu costs
and the nature of money 12 Knowledge, information and credit creation 13
Post and New Keynesians: the role of asymmetric information and uncertainty
in the construction of financial institutions and policy 14 Disembodied
risk or the social construction of creditworthiness? 15 A Kaleckian view of
New Keynesian macroeconomics PART IV Post Walrasian macroeconomics 16
Beyond New Keynesian economics: towards a post Walrasion macroeconomics 17
Complex dynamics in New Keynesian and Post Keynesian models 18 Post
Keynesian and strong Keynesian macroeconomics: compatible bedfellows? PART
V Public policy 19 On a recent change in the notion of incomes policy 20
Money and interest rates in a monetary theory of production 21
Macroeconomic policy for the long haul