Post-Keynesian Principles of Economic Policy

Contents:

Introduction
Claude Gnos and Louis-Philippe Rochon

PART I: MONETARY POLICY
1. Interest Rates and the Real Economy
Philip Arestis and Malcolm Sawyer

2. Banking Behaviour and the Brazilian Economy After the End of the Real Plan: A Post-Keynesian Approach
Luiz Fernando De Paula and Antonio J. Alves, Jr

3. Is There an Active Role for Monetary Policy in the Endogenous Money Approach?
Giuseppe Fontana and Alfonso Palacio-Vera

4. The Post-Keynesian Consensus, the New Consensus and Endogenous Money
Virginie Monvoisin and Louis-Philippe Rochon

5. A Post-Keynesian Framework for Monetary Policy: Why Interest Rate Operating Procedures Are Not Enough
Thomas I. Palley

PART II: FISCAL POLICY AND EFFECTIVE DEMAND
6. What a Long, Strange Trip It's Been: Can We Muddle Through Without Fiscal Policy?
Stephanie Kelton and L. Randall Wray

7. Views on Long-term Investment and Finance: Keynes's Heterodoxy Co-Opted
Omar F. Hamouda

8. The Absolute Paradox of Economic Policy in Contemporary Capitalism
Alain Parguez

9. Fiscal Policy, Government Intervention and Endogenous Money: Are Chartalist and Circuitist Theories Complementary?
Corinne Pastoret

10. Monetary Policy, Labour Market Institutions and US Macroeconomic Performance During the 1990s
Mark Setterfield

PART III: REGIONAL AND INTERNATIONAL ISSUES
11. A Fully Coherent Post-Keynesian Model of Currency Boards
Marc Lavoie

12. The Post-Keynesian Case for No Exchange Rates
Basil J. Moore

13. EMU and EU Enlargement: Lessons and Perspectives
Sergio Rossi

Index

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• Teoria e filosofia económica
• Instituições e associações culturais: geral
• Macroeconomia