New-consensus macroeconomic governance in a Keynesian world, and the Keynesian alternative

The paper presents both the New Consensus and Keynesian equilibrium within the usual four competitive macro-markets structure. It gives theoretical explanations of the pernicious effects that the NCM governance, which has been designed for ergodic stationary regimes, brings about in Keynesian non-er...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Brazilian journal of political economy
1. Verfasser: Asensio, Miguel Angel (VerfasserIn)
Weitere Verfasser: Asensio, Angel (BerichterstatterIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: 2006
Schlagworte:
Keynesianismus > Postkeynesianismus > Finanzpolitik > Geldpolitik > Theorie > Wirtschaftstheorie > Keynessche Theorie > Makroökonomie > Wirtschaftspolitik > Instrument > Fiskalpolitik > Kreditpolitik > Global > Erde > Aufsatz in Zeitschrift
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
Beschreibung
Zusammenfassung:The paper presents both the New Consensus and Keynesian equilibrium within the usual four competitive macro-markets structure. It gives theoretical explanations of the pernicious effects that the NCM governance, which has been designed for ergodic stationary regimes, brings about in Keynesian non-ergodic regimes. It puts forward Keynesian principles of governance which include monetary, budgetary and fiscal instruments, and suggest new directions for the positive and normative analysis of macro-policies. (Rev Econ Polít/GIGA)
Beschreibung:Tab., Lit. S. 550-551
ISSN:0101-3157