Journal of Post Keynesian Economics最新文献_第7页

The effect of expectations on the Brazilian Central Bank’s policy rate 预期对巴西央行政策利率的影响

IF 1 3区经济学

Journal of Post Keynesian Economics Pub Date : 2022-08-11 DOI: 10.1080/01603477.2022.2110121

Fábio Henrique Bittes Terra, Cleomar Gomes

引用次数: 0

Measuring green jobs through fuzzy logic: aimed at environmental conservation and socio-economic stability and inclusion 通过模糊逻辑衡量绿色就业：旨在环境保护和社会经济稳定与包容

IF 1 3区经济学

Journal of Post Keynesian Economics Pub Date : 2022-08-10 DOI: 10.1080/01603477.2022.2094807

Natalia Bracarense, Paulo Afonso Bracarense Costa

{"title":"Measuring green jobs through fuzzy logic: aimed at environmental conservation and socio-economic stability and inclusion","authors":"Natalia Bracarense, Paulo Afonso Bracarense Costa","doi":"10.1080/01603477.2022.2094807","DOIUrl":"https://doi.org/10.1080/01603477.2022.2094807","url":null,"abstract":"Abstract The western model of development is experiencing a generalized crisis manifested by economic, political, ecological and sociological worldwide instabilities and heated popular responses sparking in several points of the globe. As illustrated by Kate Raworth in Doughnut Economics, 13% of the world population lives in a situation of food insecurity and 19% lives without electricity, meanwhile society experiences increasing rate of green gas emissions, biodiversity degradation, and deposits of reactive nitrogen. Aims at proposing an economic theory that supports access to basic human rights to every human being without depredating the quality of the environment have led a group of post-Keynesian/neo-Kaleckian economists to push for a framework that couples economic stability with concerns related to the broader social and environmental systems. To contribute to the newly intensified push of a post-Keynesian/neo-Kaleckian ecological economics, the present article introduces a metric for green jobs, using non-dichotomous measurements as proposed by “fuzzy logic,” as a tool to operationalize economic policies such as an ecological employment-guarantee program, for instance.","PeriodicalId":47197,"journal":{"name":"Journal of Post Keynesian Economics","volume":"45 1","pages":"503 - 522"},"PeriodicalIF":1.0,"publicationDate":"2022-08-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47746648","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

A refundable tax credit for children: its impact on poverty, inequality, and household debt 可退还的儿童税收抵免:对贫困、不平等和家庭债务的影响

IF 1 3区经济学

Journal of Post Keynesian Economics Pub Date : 2022-08-08 DOI: 10.1080/01603477.2022.2107017

S. Pressman, Robert H. Scott

{"title":"A refundable tax credit for children: its impact on poverty, inequality, and household debt","authors":"S. Pressman, Robert H. Scott","doi":"10.1080/01603477.2022.2107017","DOIUrl":"https://doi.org/10.1080/01603477.2022.2107017","url":null,"abstract":"Abstract Households with children face burdens that households without children don’t face. Besides food, clothing, shelter and healthcare, childcare can easily run several thousand dollars each year. Historically, US economic and social policies have done little to help families with children. Until 2018, families with children were helped indirectly through tax exemptions for children and some child tax credits. These benefits mainly helped middle-income families in high tax brackets. Things changed with American Rescue Plan Act of 2021, which provided a refundable tax credit to all families with children ($3,600 annually for children under six and $3,000 for those six and older)—even families with no taxable income. This payment is like the child allowance programs that exist in nearly all nations. Our paper examines how the refundable child tax credit affected the economic condition of US households with children, and the impact of this credit on poverty and income inequality in the United States. We conclude with some suggestions for improving the refundable child credit so that it does a better job of helping families with children.","PeriodicalId":47197,"journal":{"name":"Journal of Post Keynesian Economics","volume":"45 1","pages":"536 - 557"},"PeriodicalIF":1.0,"publicationDate":"2022-08-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41365950","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Endogenous exchange rates in empirical stock-flow consistent models for peripheral economies: an illustration from the case of Argentina 外围经济体经验股票流动一致模型中的内生汇率：以阿根廷为例

IF 1 3区经济学

Journal of Post Keynesian Economics Pub Date : 2022-08-08 DOI: 10.1080/01603477.2022.2103827

Sebastián Valdecantos

{"title":"Endogenous exchange rates in empirical stock-flow consistent models for peripheral economies: an illustration from the case of Argentina","authors":"Sebastián Valdecantos","doi":"10.1080/01603477.2022.2103827","DOIUrl":"https://doi.org/10.1080/01603477.2022.2103827","url":null,"abstract":"Abstract In recent years there has been an increase in empirical SFC models applied to specific countries to address a broad range of research questions. However, in most cases, the exchange rate has been modeled as exogenous. This prevents the analysis of both the multiplicity of channels through which the global financial cycle impacts economies and the effects that the different tools of domestic economic policy have on the external sector and macro-financial stability. To overcome this limitation, this paper presents an empirical quarterly SFC model for Argentina where the exchange rate is modeled among the lines proposed by Godley and Lavoie. The model includes a diversity of tools of economic policy that in the recent past have affected exchange rate stability and, consequently, the economy in general. The results suggest that the closure used in this model can be useful for the construction of similar models for other peripheral countries in which the nominal exchange rate results from the interaction of different processes from both the domestic economy and the rest of the world.","PeriodicalId":47197,"journal":{"name":"Journal of Post Keynesian Economics","volume":"45 1","pages":"636 - 666"},"PeriodicalIF":1.0,"publicationDate":"2022-08-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49436568","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Distribution and demand in Brazil: empirical evidence from the structural and aggregative approaches 巴西的分配和需求：来自结构和综合方法的经验证据

IF 1 3区经济学

Journal of Post Keynesian Economics Pub Date : 2022-07-28 DOI: 10.1080/01603477.2022.2103826

Felipe Orsolin Teixeira, Fabrício José Missio, Ricardo Dathein

引用次数: 2

Does inflation targeting increase income inequality? 通胀目标制会加剧收入不平等吗?

IF 1 3区经济学

Journal of Post Keynesian Economics Pub Date : 2022-07-28 DOI: 10.1080/01603477.2022.2101475

Yener Altunbaş, John Thornton

引用次数: 2

Apparent micro-realism in mainstream orthodox economics 主流正统经济学中的明显微观现实主义

IF 1 3区经济学

Journal of Post Keynesian Economics Pub Date : 2022-07-20 DOI: 10.1080/01603477.2022.2099423

Joaquim Vergés-Jaime

{"title":"Apparent micro-realism in mainstream orthodox economics","authors":"Joaquim Vergés-Jaime","doi":"10.1080/01603477.2022.2099423","DOIUrl":"https://doi.org/10.1080/01603477.2022.2099423","url":null,"abstract":"Abstract As reiterated for a long, mainstream economics mainly relies upon a set of unrealistic axioms and deductive assumptions, which, nevertheless, are what underpins its core postulates. They are unnecessarily unrealistic assumptions, mainly because the empirical evidence for contrasting them is as overwhelming as old. Even the claim for (returning to) realism in economics is already old within part of the profession. However, most mainstream academics tend to consider that their research works have in fact empirical contents insofar as they usually start by considering simplified cases, situations, or descriptions that allude to some real economic facet; this, in the way of specificities to be introduced into the standard General Equilibrium model. This seeming paradox is discussed in this paper, and as a result, it is argued that there do is a predominance of a research programme in mainstream orthodox economics (modern neoclassical “economic theory,” plus “econometrics”) that is mainly characterized, more than by micro-empirical precisions, by a sort of abstract micro empiricism. It is also argued that the outcomes brought about by such a “mode of research production” (contributions) do not appear significantly relevant in terms of the quantum of knowledge provided about the functioning and problems of our economies.","PeriodicalId":47197,"journal":{"name":"Journal of Post Keynesian Economics","volume":"50 11","pages":"87 - 112"},"PeriodicalIF":1.0,"publicationDate":"2022-07-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41302006","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Abductive analogies between Keynes’ monetary-production economics and Einstein’s theories of relativity 凯恩斯货币生产经济学与爱因斯坦相对论的类比

IF 1 3区经济学

Journal of Post Keynesian Economics Pub Date : 2022-07-18 DOI: 10.1080/01603477.2022.2101125

J. Pedersen

引用次数: 1

Offshoring via vertical FDI in a long-run Kaleckian Model 纵向FDI在长期Kaleckian模型中的离岸转移

IF 1 3区经济学

Journal of Post Keynesian Economics Pub Date : 2022-07-07 DOI: 10.1080/01603477.2022.2090378

R. Woodgate

{"title":"Offshoring via vertical FDI in a long-run Kaleckian Model","authors":"R. Woodgate","doi":"10.1080/01603477.2022.2090378","DOIUrl":"https://doi.org/10.1080/01603477.2022.2090378","url":null,"abstract":"Abstract This paper develops a two-country Kaleckian model in which “Northern” firms invest a fixed fraction of total investment in foreign affiliates in the low-wage “South” in order to offshore the production of intermediate goods over time. On the back of this setup follows an analysis of the macroeconomic implications of offshoring in the short and long run. Offshoring through vertical FDI is found to lead to a falling wage share and a simultaneously falling price level and rising markup in the North, whereas the effect on equilibrium capacity utilization may be positive or negative. Regardless of the effect on capacity utilization and firm profitability, we can show that the structural change implied by offshoring leads to lower rates of capital accumulation and employment in the North in the short run. The long-run effects on Northern employment and growth, on the other hand, depend crucially on the long-run accumulation rate of the Northern-owned multinational firms and on whether wages in the North and the South endogenously converge. The model appears well suited to shed light on many real-world macroeconomic phenomena, such as rising FDI flows, falling wage shares, rising markups in an era of low inflation, hysteresis, and secular stagnation.","PeriodicalId":47197,"journal":{"name":"Journal of Post Keynesian Economics","volume":"46 1","pages":"32 - 64"},"PeriodicalIF":1.0,"publicationDate":"2022-07-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46477282","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

More fiscally responsible: Democrat or Republican presidents? 在财政上更负责任:民主党还是共和党总统?

IF 1 3区经济学

Journal of Post Keynesian Economics Pub Date : 2022-07-03 DOI: 10.1080/01603477.2022.2094276

Peter N. Hess

引用次数: 0