| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP11807 |
| DP11807 Post Keynesian Dynamic Stochastic General Equilibrium Theory | |
| Roger Farmer | |
| 发表日期 | 2017-01-25 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | 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 neo-classical 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. |
| 主题 | Monetary Economics and Fluctuations |
| 关键词 | Dynamic stochastic general equilibrium theory Post keynesian economics |
| URL | https://cepr.org/publications/dp11807 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540620 |
| 推荐引用方式 GB/T 7714 | Roger Farmer. DP11807 Post Keynesian Dynamic Stochastic General Equilibrium Theory. 2017. |
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