Artikel
Post-Keynesian dynamic stochastic general equilibrium theory
This paper explains the connection between ideas developed in my recent books and papers and those of economists who self-identify as post-Keynesians. My own work is both neoclassical and 'old Keynesian.' Much of my published work assumes that people have rational expectations and that 'animal spirits' should be modeled as a new fundamental. I adopt a general equilibrium framework to model the macroeconomy. But although I write from a neoclassical tradition the themes I explore in my published writing have much in common with heterodox economics. This paper explains the common elements between these seemingly disparate traditions. I make the case for unity between post-Keynesian and general equilibrium theory under the banner of post-Keynesian dynamic stochastic general equilibrium theory.
- Sprache
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Englisch
- Erschienen in
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Journal: European Journal of Economics and Economic Policies: Intervention (EJEEP) ; ISSN: 2052-7772 ; Volume: 14 ; Year: 2017 ; Issue: 2 ; Pages: 173-185
- Klassifikation
-
Wirtschaft
History of Economic Thought: Macroeconomics
Economic Methodology: General
General Aggregative Models: Keynes; Keynesian; Post-Keynesian
General Aggregative Models: Neoclassical
Business Fluctuations; Cycles
- Thema
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post-Keynesian economics
DSGE theory
rational expectations
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Farmer, Roger E.A.
- Ereignis
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Veröffentlichung
- (wer)
-
Edward Elgar Publishing
- (wo)
-
Cheltenham
- (wann)
-
2017
- DOI
-
doi:10.4337/ejeep.2017.02.02
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Farmer, Roger E.A.
- Edward Elgar Publishing
Entstanden
- 2017
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