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Keynesian

New Keynesian Economics in Perspective

New Keynesian Economics in Perspective * David Colander, Middlebury College In the 1990s the term, New Keynesian macroeconomics, is being used with increasing frequency, leading some economists to question whether their profession has gone classification crazy.

KEYNESIAN FISCAL STIMULUS: WHAT HAVE WE LEARNED FROM THE ...

Keynesian Fiscal Stimulus: What Have We Learned from the Great Recession? Laurence Seidman Professor of Economics University of Delaware August 2011

The New Keynesian

LAURENCE BALL New York University N. GREGORY MANKIW Harvard University DAVID ROMER Princeton University The New Keynesian Economics and the Output-Infation Trade-08 IN THE EARLY 1980s, the Keynesian view of business cycles was in trouble.

Keynesian Economics

Keynesian Economics by Alan S. Blinder Keynesian economics is a theory of total spending in the economy (called aggregate demand) and of its effects on output and inflation.

KEYNESIAN ECONOMICS AND THE LINEAR MODEL OF INNOVATION

D ARIUS M AHDJOUBI , P.Eng. © Darius Mahdjoubi, 1997 E-Mail: darius@workmail. com K EYNESIAN E CONOMICS AND T HE L INEAR M ODEL OF I NNOVATION P RELUDE The other reports of this series studied the Linear model of innovation.

Beyond New Keynesian Economics: Towards a Post Walrasian ...

Beyond New Keynesian Economics: Towards a Post Walrasian Macroeconomics * David Colander, Middlebury College 1 In the early 1990s in a two-volume edited book (Mankiw and Romer 1990) and in two survey articles (Gordon 1991, Mankiw 1990), the economics profession has seen the popularization of a ...

Is New Keynesian investment theory really "Keynesian ...

1 Is New Keynesian investment theory really "Keynesian"? reflections on Fazzari and Variato James R. Crotty * In the Spring 1994 issue of this journal, Steve Fazzari and Anna Marie Variato pursue two related themes.

New Keynesian versus Old Keynesian Government Spending ...

New Keynesian versus Old Keynesian Government Spending Multipliers John F. Cogan, Tobias Cwik, John B. Taylor, Volker Wieland * February 2009 Abstract Renewed interest in fiscal policy has increased the use of quantitative models to evaluate policy.

Keeping the Keynesian Faith

Keeping the Keynesian Faith Alan Blinder on the Evolution of Macroeconomics An interview with introduction by Brian Snowdon There is an appealing philosophy of economic policy that combines hardheaded respect for economic efficiency with soft-hearted concern for society's underdogs…

After Keynesian Macroeconomics and Discussion

After Keynesian Macroeconomics Robert Eo Lucas and Thomas J. Sargent 1. Introduction For the applied economist, the confident and apparently successful application of Keynesian principles to economic policy which occurred in the United States in the 1960s was an event of incomparable ...