Jump to ContentJump to Main Navigation

You are looking at 1-20 of 31 items

  • Keywords: Keynesian economics x
Clear All Modify Search

View:

Business Cycle Theory

Lutz G. Arnold

Published in print:
2002
Published Online:
October 2011
ISBN:
9780199256815
eISBN:
9780191698385
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199256815.001.0001
Subject:
Economics and Finance, Financial Economics

Business cycle theory is a broad and disparate field. Different schools of thought offer alternative explanations for cycles, often using different mathematical methods. This book aims to provide ... More


The Vision Translated

Athol Fitzgibbons

in Keynes's Vision: A New Political Economy

Published in print:
1990
Published Online:
November 2003
ISBN:
9780198283201
eISBN:
9780191596254
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198283202.003.0008
Subject:
Economics and Finance, History of Economic Thought

Considers the differences between Keynes's economic theories and the Keynesian economics that evolved in the second half of the twentieth century. The difference is between a non‐mechanistic system ... More


Theory of Economic Growth

Michio Morishima

Published in print:
1969
Published Online:
November 2003
ISBN:
9780198281641
eISBN:
9780191596667
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198281641.001.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

Discusses economic growth within the framework of the theory of equilibrium. Attempts on the one hand to resolve much of the controversy on growth that results from differences in assumptions made by ... More


The Middle Way: A Keynesian Convergence

Daniel Ritschel

in The Politics of Planning: The Debate on Economic Planning in Britain in the 1930s

Published in print:
1997
Published Online:
October 2011
ISBN:
9780198206477
eISBN:
9780191677151
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198206477.003.0009
Subject:
History, British and Irish Modern History, Economic History

This chapter discusses the wide convergence around the Keynesian ‘middle way’ of the mixed and managed economy. It explains that this convergence represented in many ways the embryonic stage of the ... More


Samuelsonian Economics and the Twenty-First Century

Michael Szenberg, Lall Ramrattan, and Aron A. Gottesman (eds)

Published in print:
2006
Published Online:
January 2009
ISBN:
9780199298839
eISBN:
9780191711480
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199298839.001.0001
Subject:
Economics and Finance, History of Economic Thought

This book presents the scientific works of Paul Samuelson, the leading neoclassical economist, which would attract research and study in the 21st century. The subject matter includes his ... More


New Keynesian Economics

Lutz G. Arnold

in Business Cycle Theory

Published in print:
2002
Published Online:
October 2011
ISBN:
9780199256815
eISBN:
9780191698385
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199256815.003.0006
Subject:
Economics and Finance, Financial Economics

This chapter presents a real RBC-style model in which the interplay of real rigidities in the markets for credit and labor causes fluctuations. It also examines similar ideas in a monetarist-style ... More


The State of Macroeconomics in View of the Global Economic Crisis

Toshiaki Hirai, Maria Cristina Marcuzzo, and Perry Mehrling

in Keynesian Reflections: Effective Demand, Money, Finance, and Policies in the Crisis

Published in print:
2013
Published Online:
May 2013
ISBN:
9780198092117
eISBN:
9780199082506
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198092117.003.0004
Subject:
Economics and Finance, History of Economic Thought

The global economic crisis, initiated by the burst of the US subprime bubble, aroused doubts about the efficacy of existing macroeconomic theories. These doubts arose among the economists themselves ... More


Keynesian Economics

Lutz G. Arnold

in Business Cycle Theory

Published in print:
2002
Published Online:
October 2011
ISBN:
9780199256815
eISBN:
9780191698385
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199256815.003.0002
Subject:
Economics and Finance, Financial Economics

This chapter examines some of the most important developments in Keynesian economics — the Keynesian income expenditure analysis, the multiplier accelerator model, the Hicks-Fleming-Mundell model, ... More


The Macroeconomics of Keynes

Edmund S. Phelps

in Seven Schools of Macroeconomic Thought

Published in print:
1990
Published Online:
November 2003
ISBN:
9780198283331
eISBN:
9780191596766
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198283334.003.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter gives a review of Keynesian macroeconomics. The particular school discussed sees John Maynard Keynes as the founder of its central theme: that the process of individual learning and ... More


Introduction

Lutz G. Arnold

in Business Cycle Theory

Published in print:
2002
Published Online:
October 2011
ISBN:
9780199256815
eISBN:
9780191698385
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199256815.003.0001
Subject:
Economics and Finance, Financial Economics

This chapter begins by discussing that business cycles came to be regarded as such in the nineteenth century. It then enumerates five schools of thought which provide alternative explanations for ... More


The New Keynesian School

Edmund S. Phelps

in Seven Schools of Macroeconomic Thought

Published in print:
1990
Published Online:
November 2003
ISBN:
9780198283331
eISBN:
9780191596766
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198283334.003.0004
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter gives a review of the development and theory of the New Keynesian school of macroeconomics. New Keynesian refers to a group of theorists who have sought a new wage–price model, or supply ... More


Indeterminacies in Wage and Asset Price Expectations: A Structuralist Model of Employment and Growth

Edmund S. Phelps

in Rethinking Expectations: The Way Forward for Macroeconomics

Published in print:
2013
Published Online:
October 2017
ISBN:
9780691155234
eISBN:
9781400846450
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691155234.003.0009
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter examines indeterminacies in wage and asset price expectations. It first considers what it argues are fatal flaws in Keynesian economics, comparing crude Keynesianism with a crude natural ... More


Monetarism

Lutz G. Arnold

in Business Cycle Theory

Published in print:
2002
Published Online:
October 2011
ISBN:
9780199256815
eISBN:
9780191698385
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199256815.003.0003
Subject:
Economics and Finance, Financial Economics

This chapter discusses that Monetarism emerged as a separate school of thought in business cycle theory from Friedman's work on monetary economics in the 1950s and 1960s. The major accomplishment of ... More


 The Philosophy of Freedom: 1938–1947

William Taussig Scott and Martin X. Moleski

in Michael Polanyi: Scientist and Philosopher

Published in print:
2005
Published Online:
July 2005
ISBN:
9780195174335
eISBN:
9780199835706
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/019517433X.003.0007
Subject:
Religion, Philosophy of Religion

The Second World War gave Polanyi time and incentive to write about the foundations of freedom in economics, scientific inquiry, and socio-political organization. He felt that developing a ... More


Introduction

Donald W. Katzner

in At the Edge of Camelot: Debating Economics in Turbulent Times

Published in print:
2011
Published Online:
September 2011
ISBN:
9780199765355
eISBN:
9780199896806
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199765355.003.0001
Subject:
Economics and Finance, Economic History

One of the most important and exciting aspects of university life is the lively interchange of ideas. This took place in the Amherst Economics Department of the University of Massachusetts as ... More


The Fall and Rise of Keynesian Economics

John Eatwell and Murray Milgate

in The Fall and Rise of Keynesian Economics

Published in print:
2011
Published Online:
April 2015
ISBN:
9780199777693
eISBN:
9780190261344
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199777693.003.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter provides a background to John Maynard Keynes and his influence on the theory and practice of modern macroeconomics. His branch of economics is referred to as Keynesian economics. Keynes ... More


The politics of Keynesian economics, 1924–1929

Peter Clarke

in The Keynesian Revolution in the Making, 1924–1936

Published in print:
1990
Published Online:
October 2011
ISBN:
9780198202196
eISBN:
9780191675201
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198202196.003.0007
Subject:
History, British and Irish Modern History, Economic History

If Keynes changed horses in mid-stream, he changed to better horses. He fastened upon the insights which were to determine the future bearings of his economic analysis, especially the proposition ... More


The Fall and Rise of Keynesian Economics

John Eatwell and Murray Milgate

Published in print:
2011
Published Online:
April 2015
ISBN:
9780199777693
eISBN:
9780190261344
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199777693.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

During the 1970s, monetarism and the new classical macroeconomics ushered in an era of neoliberal economic policymaking. Keynesian economics was pushed aside. It was almost forgotten that when ... More


James Tobin

Roger W. Spencer and David A. Macpherson

in Lives of the Laureates: Twenty-three Nobel Economists

Published in print:
2014
Published Online:
May 2015
ISBN:
9780262027960
eISBN:
9780262325868
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262027960.003.0006
Subject:
Economics and Finance, Economic History

This chapter looks at the achievements of James Tobin who received the Nobel Prize in 1981. Tobin was born in 1918. He earned his under- and post graduate degrees from Harvard, including his ... More


Harrodian Knife‐Edge in a Keynes‐Type ‘Fixprice’ Economy

Michio Morishima

in Theory of Economic Growth

Published in print:
1969
Published Online:
November 2003
ISBN:
9780198281641
eISBN:
9780191596667
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198281641.003.0004
Subject:
Economics and Finance, Development, Growth, and Environmental

Among the assumptions underlying the analysis of stability of growth equilibrium already made in the book, the following two have played the most important roles in deriving the conclusions: first, ... More


View: