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



Título del documento: New-consensus macroeconomic governance in a Keynesian world, and the Keynesian alternative
Revista: Revista de economia politica
Base de datos: CLASE
Número de sistema: 000280378
ISSN: 0101-3157
Autors: 1
Institucions: 1Universite de Paris XIII (Paris-Nord), Centre d'Economie, París. Francia
Any:
Període: Oct-Dic
Volum: 26
Número: 4
Paginació: 537-551
País: Brasil
Idioma: Inglés
Tipo de documento: Artículo
Enfoque: Analítico, teórico
Resumen en inglés 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 put 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
Disciplines Economía
Paraules clau: Teorías económicas,
Macroeconomía,
Gobernabilidad económica,
Política fiscal,
Política monetaria,
Monetary policy,
Keynes, John Maynard,
Teoría económica
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