Negative interest rate policy to fight Secular Stagnation: Unfeasible, ineffective, irrelevant, or inadequate?

S Di Bucchianico - Review of Political Economy, 2021 - Taylor & Francis
This paper discusses three explanations for Secular Stagnation: Summers's demand-side
Secular Stagnation Theory, Palley's Investment Saturation Hypothesis, and Gordon's supply …

A critical analysis of the financial frictions approach in a Minskyan perspective

G Bertocco, A Kalajzić - Journal of Economic Issues, 2024 - Taylor & Francis
The concept of financial frictions is at the core of the Financial Frictions Approach (FFA)
which underlines that to explain the financial crisis of 2007–2008 it is sufficient to add the …

A critical analysis of the loanable funds theory: some notes on the non-neutrality of money

G Bertocco, A Kalajzić - Economia Politica, 2023 - Springer
The loanable funds theory is at the core of the mainstream monetary theory and of the
theoretical model used in the decision-making process of the central banks of advanced …

Great Recession and macroeconomic theory: a useless crisis?

G Bertocco, A Kalajzić - Review of Political Economy, 2019 - Taylor & Francis
The global financial crisis of 2007–08 and the subsequent Great Recession have pushed
many economists to acknowledge a fundamental limit in the theoretical models elaborated …

Introduction: EMEs in Long-Term Historical Perspective

A Akarli - A Modern Economic History of Emerging Markets …, 2024 - Springer
This book provides a comprehensive global economic history of the development of
Emerging Market Economies over the past century. It details the impressive achievements of …

A Classical-Keynes Model of Money and Finance for Transiting Economies

R Correa - The Indian Economic Journal, 2021 - journals.sagepub.com
Marx stands for 'classical'and 'Keynes' is represented by the stock-flow-consistent framework
of Godley–Cripps–Lavoie. Agriculture proxies for basics in the classical departmental …

The Optimist's Bias: How New Entrepreneurs Responded to COVID-19's Economic Disruption

TN Edwards - 2024 - search.proquest.com
This qualitative phenomenological study explored the lived experiences of newly
established entrepreneurs during the COVID-19 pandemic in a large metropolitan area. The …

Schumpeter and the post‐Keynesian monetary theory

G Bertocco, A Kalajzić - Metroeconomica - Wiley Online Library
The name of Schumpeter is not among those of the precursors of post‐Keynesian monetary
theory. This seems understandable when considering Schumpeter's ferocious criticism of …

[PDF][PDF] On the monetary nature of savings: a critical analysis of the Loanable Funds Theory

G Bertocco, A Kalajzić - 2022 - postkeynesian.net
To hypothesize the existence of a relationship between money and savings means
questioning a fundamental pillar of the mainstream economic theory: the concept of …

Some Constructive Comments on Steve Keen's Manifesto for a New Economics: The New Economics: A Manifesto, Steve Keen, Cambridge, Polity, 2022, 140 pp.,£ 12 …

G Bertocco, A Kalajzić - 2023 - Taylor & Francis
Steve Keen (2022) has written a book full of passion, which highlights the macroscopic limits
of Neoclassical economics and specifies the fundamental points of a Manifesto for a New …