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...
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Veröffentlicht in: | Brazilian journal of political economy |
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Sprache: | eng |
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2006
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