Macroeconomic Foundations in the perspectives of Marx and Keynes: contributions to the heterodox thought

Pedro Garrido da Costa Lima (), Adriana Moreira Amado () and Maria de Lourdes Rollemberg Mollo ()

Brazilian Journal of Political Economy, 2016, vol. 36, issue 3, 603-621

Abstract: The need to define microeconomic foundations for macroeconomic models, which is present in the mainstream thinking in contemporary economics, can be questioned on the basis of different theoretical approaches. Positions like those of Marx and Keynes permit the comprehension of the actions of economic agents (groups or classes) as influenced and limited by the social and macroeconomic environment, providing views of macroeconomic foundations of microeconomics, instead of the orthodox view of micro foundations of macroeconomics. This comprehensionsed slight on distinct perspectives in heterodox thought regarding the intervention in the macroeconomic context. JEL Classification: E11; E12; B50.

Keywords: Marx; Keynes; macrofoundations; heterodoxy (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
https://centrodeeconomiapolitica.org.br/repojs/ind ... article/view/197/188 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ekm:repojs:v:36:y:2016:i:3:p:603-621:id:197

Access Statistics for this article

More articles in Brazilian Journal of Political Economy from Center of Political Economy
Bibliographic data for series maintained by Brazilian Journal of Political Economy (Brazil) ().