A REFORMULATION OF THE KEYNESIAN BUSINESS CYCLE APPROACH

Jagdish Handa

Chapter 8 in A Reformulation of Keynesian Economics, 2015, pp 413-507 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Writing this book between 2008 and 2014, we could not legitimately ignore the USA and European financial and economic crises emanating in 2007–2008 and the ability or inability of economic theories to explain their impact. In many ways, this impact provides an as-if laboratory experiment for judging between macroeconomic models and between their implied business cycle theories…

Keywords: Macroeconomics; Keynesian Economics; Monetary Economics (search for similar items in EconPapers)
Date: 2015
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