Arbeitspapier

An analytical framework for the Post-Keynesian macroeconomic paradigm

The original Keynesian paradigm differs from the Neoclassical Synthesis and even more so from the New-Keynesian approach. In this paper, a modern framework for the original Keynesian paradigm is presented. It will highlight the key elements of the paradigm. A model is developed to determine output, unemployment and price level changes. Finally, the paper draws policy conclusions based on Keynesian original thinking. The purpose of the paper is not only to give a framework of Keynesian thought, but also to stimulate debate and discussion within the Post-Keynesian camp. The paper is written in a way which allows nonexperts in the field to follow the argumentation. However, not all ramifications of the Post- Keynesian paradigm can be covered.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 23/2013

Klassifikation
Wirtschaft
General Aggregative Models: Keynes; Keynesian; Post-Keynesian
Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy: General (includes Measurement and Data)
Price Level; Inflation; Deflation
Monetary Policy, Central Banking, and the Supply of Money and Credit: General
Central Banks and Their Policies
Thema
economic paradigm
Keynesian economics
output and employment
inflation
economic policy

Ereignis
Geistige Schöpfung
(wer)
Herr, Hansjörg
Ereignis
Veröffentlichung
(wer)
Hochschule für Wirtschaft und Recht Berlin, Institute for International Political Economy (IPE)
(wo)
Berlin
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Herr, Hansjörg
  • Hochschule für Wirtschaft und Recht Berlin, Institute for International Political Economy (IPE)

Entstanden

  • 2013

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