Arbeitspapier
Challenges for post-Keynesian macroeconomics
Post-Keynesian macroeconomics faces several challenges. The labor market and the supply side, Örst, have not been getting the attention that they deserve in post-Keynesian growth theory. The failings of the Lucastype ímicroeconomic foundationsí, second, must not lead to a neglect of microeconomic behavior. Convincing macroeconomic theories must recognize and address the connections between macroeconomic relations and the microeconomic behavior whose aggregate manifestation the relations represent. Microeconomic behavior, third, takes place within an institutional structure that shapes economic behavior and economic outcomes. Macroeconomic theory must be both behavioral and structuralist.
- Language
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Englisch
- Bibliographic citation
-
Series: Working Paper ; No. 2018-03
- Classification
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Wirtschaft
General Aggregative Models: Keynes; Keynesian; Post-Keynesian
- Subject
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Neo-Pasinetti theorem
mature economy
induced technical change
autonomous demand
instability
goal orientation
- Event
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Geistige Schöpfung
- (who)
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Skott, Peter
- Event
-
Veröffentlichung
- (who)
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University of Massachusetts, Department of Economics
- (where)
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Amherst, MA
- (when)
-
2018
- Handle
- Last update
- 10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Skott, Peter
- University of Massachusetts, Department of Economics
Time of origin
- 2018
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