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

Detalhes bibliográficos
Autor(a) principal: Asensio,Angel
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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spelling 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
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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
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