English, Article, Journal or magazine article edition: Notas críticas sobre a macroeconomia novo-keynesiana Cláudio Gontijo

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/114736
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Notas críticas sobre a macroeconomia novo-keynesiana
Author
  • Cláudio Gontijo
Physical Description
  • preprint
Notes
  • This article seeks to show that, in spite of major steps towards getting close to reality, new-Keynesian macroeconomics is still full of difficulties, like the "ad hoc" hypothesis used to explain the non neutrality of money and the existence of disequilibria in the short run. In particular, price and wage rigidities - which are recognized as "stylized facts" - seem to stand in sandy bases, while it seems problematic to derive the IS and LM curves from its neoclassical fundamentals. In this sense, the connections between the short run and the long run, which includes the relationships between the interest rate and money and between money and output do not seem consistent. Finally, the challenge of the neoclassical fundamentals posed by Joan Robinson and Sraffa criticisms remain largely uncontested.
  • RePEc:cdp:texdis:td320
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment