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  • 1
    UID:
    gbv_167926737X
    Format: xxii, 378 Seiten , Illustrationen , 21 cm
    ISBN: 9783030239282 , 3030239284
    Series Statement: International papers in political economy 16th volume
    Content: In the past few decades, and intensified since the global financial crisis of August 2007, heterodox macroeconomics has developed apace and its scope has broadened in a number of directions. The purpose of this volume is to review the "state of the art" in heterodox macroeconomics, its strengths and weaknesses and future directions. Heterodox macroeconomics has broadened its scope through gender macroeconomics, ecological macroeconomics and further incorporated income distribution and inequality into macroeconomics analysis. New macroeconomic models, particularly stock-flow consistent modelling has become a widely used mode of analysis. Money and finance, monetary policy and fiscal policy as well as other policies have been discussed widely. The focus of this edited collection is on all of these issues, with chapters focusing on inflation, ecological sustainability and regulatory policy.
    Content: 1. Critique of the New Consensus Macroeconomics and a Proposal for a More Keynesian Macroeconomic Model- Philip Arestis -- 2. Approaching budget deficits, debts and money in a socially responsible manner- Malcolm Sawyer -- 3. Advances in the Post Keynesian Analysis of Money and Finance- Marc Lavoie -- 4. Why the Sub-Prime Financial Crash Should Have Been Prevented: Lessons for Future Macroeconomic and Regulatory Policy- John McCombie and Marta Spreafico -- 5. Inflation: Failures of Inflation Targeting- Elisabeth Springler -- 6. SFC Dynamic Models: Features, Limitations and Developments- Emilio Carnevali, Matteo Deleidi, Riccardo Pariboni and Marco Veronese Passarella -- 7. Fiscal policy and ecological sustainability: a post-Keynesian perspective- Maria Nicolaides and Yannis Dafermos -- 8. How secular stagnation can affect income class structure in European countries: institutional and policy implications- Salvador Perez-Moreno and Elena Bárcena-Martín
    Note: "The theme of this sixteenth volume of eight papers is Frontiers of Heterodox Macroeconomics. The papers in this volume were initially presented at a one-day conference in Cambridge, UK (Downing College), March 28, 2019. The conference was organised by the Department of Land Economy, University of Cambridge, under the aegis of the Cambridge Trust for New Thinking in Economics, entitled Frontiers of Heterodox Macroeconomics." - Seite v
    Additional Edition: ISBN 9783030239299
    Additional Edition: Erscheint auch als Online-Ausgabe Frontiers of Heterodox Macroeconomics Cham : Palgrave Macmillan, 2019 ISBN 9783030239299
    Language: English
    Keywords: Makroökonomie ; Heterodoxe Ökonomie ; Wirtschaftspolitik ; Politische Ökonomie ; Konferenzschrift
    Author information: Arestis, Philip 1941-
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