New-consensus macroeconomic governance in a Keynesian world, and the Keynesian alternative
Autor(a) principal: | |
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Data de Publicação: | 2006 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Revista de Economia Política |
Texto Completo: | http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572006000400004 |
Resumo: | 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. |
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Revista de Economia Política |
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|
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New-consensus macroeconomic governance in a Keynesian world, and the Keynesian alternativefiscal policyMacroeconomic governancemonetary policypost-KeynesianThe 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.Centro de Economia Política2006-12-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572006000400004Brazilian Journal of Political Economy v.26 n.4 2006reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/S0101-31572006000400004info:eu-repo/semantics/openAccessAsensio,Angeleng2006-12-11T00:00:00Zoai:scielo:S0101-31572006000400004Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2006-12-11T00:00Revista de Economia Política - EDITORA 34false |
dc.title.none.fl_str_mv |
New-consensus macroeconomic governance in a Keynesian world, and the Keynesian alternative |
title |
New-consensus macroeconomic governance in a Keynesian world, and the Keynesian alternative |
spellingShingle |
New-consensus macroeconomic governance in a Keynesian world, and the Keynesian alternative Asensio,Angel fiscal policy Macroeconomic governance monetary policy post-Keynesian |
title_short |
New-consensus macroeconomic governance in a Keynesian world, and the Keynesian alternative |
title_full |
New-consensus macroeconomic governance in a Keynesian world, and the Keynesian alternative |
title_fullStr |
New-consensus macroeconomic governance in a Keynesian world, and the Keynesian alternative |
title_full_unstemmed |
New-consensus macroeconomic governance in a Keynesian world, and the Keynesian alternative |
title_sort |
New-consensus macroeconomic governance in a Keynesian world, and the Keynesian alternative |
author |
Asensio,Angel |
author_facet |
Asensio,Angel |
author_role |
author |
dc.contributor.author.fl_str_mv |
Asensio,Angel |
dc.subject.por.fl_str_mv |
fiscal policy Macroeconomic governance monetary policy post-Keynesian |
topic |
fiscal policy Macroeconomic governance monetary policy post-Keynesian |
description |
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. |
publishDate |
2006 |
dc.date.none.fl_str_mv |
2006-12-01 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572006000400004 |
url |
http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572006000400004 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
10.1590/S0101-31572006000400004 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
text/html |
dc.publisher.none.fl_str_mv |
Centro de Economia Política |
publisher.none.fl_str_mv |
Centro de Economia Política |
dc.source.none.fl_str_mv |
Brazilian Journal of Political Economy v.26 n.4 2006 reponame:Revista de Economia Política instname:EDITORA 34 instacron:EDITORA_34 |
instname_str |
EDITORA 34 |
instacron_str |
EDITORA_34 |
institution |
EDITORA_34 |
reponame_str |
Revista de Economia Política |
collection |
Revista de Economia Política |
repository.name.fl_str_mv |
Revista de Economia Política - EDITORA 34 |
repository.mail.fl_str_mv |
||cecilia.heise@bjpe.org.br |
_version_ |
1754122480361930752 |