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dc.contributor.authorArestis, P
dc.contributor.authorFilho, Fernando Ferrari
dc.contributor.authorTerra, Fabio Henrique Bittes
dc.date.accessioned2018-02-27T15:11:17Z
dc.date.available2018-02-27T15:11:17Z
dc.date.issued2018
dc.identifier.issn1452-595X
dc.identifier.urihttps://www.repository.cam.ac.uk/handle/1810/273583
dc.description.abstractInvestment depends on subjective factors, such as expectations, conventions, and confident animal spirits. In a context of economic instability and crises, economic policy is the main source to support entrepreneurs’ expectations and investment. In this sense, macroeconomic policies are capable of affecting effective demand and building a good institutional environment, which is essential to keep the entrepreneurs’ expectations confident and promote their animal spirits. Given these propositions, this contribution has two objectives: the first is to develop a Keynesian type of macroeconomic policy able to stimulate investment and effective demand, and, as a result, mitigate unemployment. The idea is to offer alternative macroeconomic policy prescriptions in relation to the New Consensus Macroeconomics one. This proposal aims to establish the role, according to the Post Keynesian view, the logic of operation of each policy, and the proper coordination among them of these Keynesian macroeconomic policies. The second objective is to present, briefly, relevant empirical evidence of this Post Keynesian macroeconomic policies.
dc.publisherEconomists' Association of Vojvodina
dc.subjectKeynes
dc.subjectEconomic Policy
dc.subjectFiscal Policy
dc.subjectMonetary Policy
dc.subjectExchange Rate Policy
dc.titleKeynesian Macroeconomic Policy: Theoretical Analysis and Empirical Evidence
dc.typeArticle
prism.publicationNamePanoeconomicus
dc.identifier.doi10.17863/CAM.20652
dcterms.dateAccepted2018-02-16
rioxxterms.versionofrecord10.2298/PAN1801001A
rioxxterms.versionAM
rioxxterms.licenseref.urihttp://www.rioxx.net/licenses/all-rights-reserved
rioxxterms.licenseref.startdate2018-02-16
dc.contributor.orcidArestis, Philip [0000-0001-8729-4846]
dc.identifier.eissn2217-2386
rioxxterms.typeJournal Article/Review
cam.issuedOnline2018-04-04
rioxxterms.freetoread.startdate2019-02-27


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