Pub Date : 2024-09-18DOI: 10.1080/01603477.2024.2395384
Ramesh Chandra
Schumpeter placed the entrepreneur and innovation at the center of capitalism and thought that once monopoly capitalism inevitably emerges, the link between individual initiative and innovation wil...
{"title":"Joseph Schumpeter, Allyn Young, and the future of capitalism","authors":"Ramesh Chandra","doi":"10.1080/01603477.2024.2395384","DOIUrl":"https://doi.org/10.1080/01603477.2024.2395384","url":null,"abstract":"Schumpeter placed the entrepreneur and innovation at the center of capitalism and thought that once monopoly capitalism inevitably emerges, the link between individual initiative and innovation wil...","PeriodicalId":47197,"journal":{"name":"Journal of Post Keynesian Economics","volume":"38 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2024-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142259339","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}
Pub Date : 2024-08-18DOI: 10.1080/01603477.2024.2374573
Sheetal K. Chand
Keynes extended his Principle of Effective Demand (PED), which explains how effective demand determines employment, to cover changes in effective demand and, inter alia, their price and output effe...
{"title":"Extending the “principle of effective demand” – did Keynes produce an ad hoc tautology?","authors":"Sheetal K. Chand","doi":"10.1080/01603477.2024.2374573","DOIUrl":"https://doi.org/10.1080/01603477.2024.2374573","url":null,"abstract":"Keynes extended his Principle of Effective Demand (PED), which explains how effective demand determines employment, to cover changes in effective demand and, inter alia, their price and output effe...","PeriodicalId":47197,"journal":{"name":"Journal of Post Keynesian Economics","volume":"59 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2024-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142218410","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}
Pub Date : 2024-07-23DOI: 10.1080/01603477.2024.2366798
Tainari Taioka, Fabio Henrique Bittes Terra
This paper analyzes if there was a transmission from the policy of real minimum wage adjustments undertaken in Brazil from 1995 to 2016 to consumer inflation. The literature that grounds the analys...
{"title":"An empirical analysis of the relationship between real wage appreciation and inflation in Brazil","authors":"Tainari Taioka, Fabio Henrique Bittes Terra","doi":"10.1080/01603477.2024.2366798","DOIUrl":"https://doi.org/10.1080/01603477.2024.2366798","url":null,"abstract":"This paper analyzes if there was a transmission from the policy of real minimum wage adjustments undertaken in Brazil from 1995 to 2016 to consumer inflation. The literature that grounds the analys...","PeriodicalId":47197,"journal":{"name":"Journal of Post Keynesian Economics","volume":"13 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141770326","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}
Pub Date : 2024-04-16DOI: 10.1080/01603477.2024.2334453
Luke Petach, David K. Wyant
Using data from the Medical Expenditure Panel Survey (MEPS) we estimate the fraction of the US population that is health poor. A person is health poor if their income prior to paying health insuran...
{"title":"Medical expenditures and the measurement of poverty in the United States","authors":"Luke Petach, David K. Wyant","doi":"10.1080/01603477.2024.2334453","DOIUrl":"https://doi.org/10.1080/01603477.2024.2334453","url":null,"abstract":"Using data from the Medical Expenditure Panel Survey (MEPS) we estimate the fraction of the US population that is health poor. A person is health poor if their income prior to paying health insuran...","PeriodicalId":47197,"journal":{"name":"Journal of Post Keynesian Economics","volume":"47 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2024-04-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140591024","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}
Pub Date : 2024-04-16DOI: 10.1080/01603477.2024.2327998
Farzad Javidanrad, Robert Ackrill, Dimitrios Bakas, Dean Garratt
Financialization occurs where, over time, capitalist economies undergo a transformation, with profit-making via investment in production declining, to be replaced by profit-making via investment in...
{"title":"Theorizing the process of financialization through the paradox of profit: the credit-debt reproduction mechanism","authors":"Farzad Javidanrad, Robert Ackrill, Dimitrios Bakas, Dean Garratt","doi":"10.1080/01603477.2024.2327998","DOIUrl":"https://doi.org/10.1080/01603477.2024.2327998","url":null,"abstract":"Financialization occurs where, over time, capitalist economies undergo a transformation, with profit-making via investment in production declining, to be replaced by profit-making via investment in...","PeriodicalId":47197,"journal":{"name":"Journal of Post Keynesian Economics","volume":"2018 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2024-04-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140591037","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}
Pub Date : 2024-04-16DOI: 10.1080/01603477.2024.2318743
Hugo Carcanholo Iasco Pereira, Fabrício José Missio
The objective of this article is twofold. The first goal is to comprehend the effect of changes in the exchange rate on prices using a neo-structuralist approach. Our theoretical model showed that ...
本文有两个目标。第一个目标是利用新结构主义方法理解汇率变动对价格的影响。我们的理论模型表明...
{"title":"Exchange rate and inflation: a neo-structuralist approach for Brazilian manufacturing sectors (2010–2019)","authors":"Hugo Carcanholo Iasco Pereira, Fabrício José Missio","doi":"10.1080/01603477.2024.2318743","DOIUrl":"https://doi.org/10.1080/01603477.2024.2318743","url":null,"abstract":"The objective of this article is twofold. The first goal is to comprehend the effect of changes in the exchange rate on prices using a neo-structuralist approach. Our theoretical model showed that ...","PeriodicalId":47197,"journal":{"name":"Journal of Post Keynesian Economics","volume":"2 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2024-04-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140591043","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}
Pub Date : 2024-04-16DOI: 10.1080/01603477.2024.2328009
George Dotsis, Konstantinos Loizos
The idea of interrelated balance sheets is an integral part of modern Post-Keynesian Stock-Flow Consistent modeling which emphasizes the interaction between the financial and the real side of the e...
{"title":"Contingent claim analysis and Minsky’s financial instability hypothesis","authors":"George Dotsis, Konstantinos Loizos","doi":"10.1080/01603477.2024.2328009","DOIUrl":"https://doi.org/10.1080/01603477.2024.2328009","url":null,"abstract":"The idea of interrelated balance sheets is an integral part of modern Post-Keynesian Stock-Flow Consistent modeling which emphasizes the interaction between the financial and the real side of the e...","PeriodicalId":47197,"journal":{"name":"Journal of Post Keynesian Economics","volume":"4 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2024-04-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140613305","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}
Pub Date : 2024-04-01DOI: 10.1080/01603477.2024.2315055
Stefanos Ioannou, Dariusz Wójcik, Michael Urban
We study the development of FinTech, defined as a set of innovations and an economic sector that apply recently developed digital technologies to financial services, with particular focus on paymen...
{"title":"FinTech and financial instability. Is this time different?","authors":"Stefanos Ioannou, Dariusz Wójcik, Michael Urban","doi":"10.1080/01603477.2024.2315055","DOIUrl":"https://doi.org/10.1080/01603477.2024.2315055","url":null,"abstract":"We study the development of FinTech, defined as a set of innovations and an economic sector that apply recently developed digital technologies to financial services, with particular focus on paymen...","PeriodicalId":47197,"journal":{"name":"Journal of Post Keynesian Economics","volume":"26 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2024-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140591249","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}
Pub Date : 2024-03-20DOI: 10.1080/01603477.2024.2315053
Yeo Hyub Yoon
This paper examines the long-run pattern of the U.S. nonfinancial corporate sector’s liquid financial asset holdings in the period from 1951 to 2018. My approach to examining this pattern builds fr...
{"title":"A liquidity preference approach to nonfinancial corporate liquid asset holdings","authors":"Yeo Hyub Yoon","doi":"10.1080/01603477.2024.2315053","DOIUrl":"https://doi.org/10.1080/01603477.2024.2315053","url":null,"abstract":"This paper examines the long-run pattern of the U.S. nonfinancial corporate sector’s liquid financial asset holdings in the period from 1951 to 2018. My approach to examining this pattern builds fr...","PeriodicalId":47197,"journal":{"name":"Journal of Post Keynesian Economics","volume":"2014 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2024-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140169915","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}
Pub Date : 2024-03-20DOI: 10.1080/01603477.2024.2304854
Agustín Mario, Stuart Medina Miltimore, Esteban Cruz Hidalgo
Spain has experienced a history of chronically high and intractable unemployment. The Job Guarantee has been theorized as a policy proposal that aims to produce tight full employment and enhances m...
{"title":"Solving the Gordian knot: dealing with Spain’s unemployment crisis with a job guarantee program","authors":"Agustín Mario, Stuart Medina Miltimore, Esteban Cruz Hidalgo","doi":"10.1080/01603477.2024.2304854","DOIUrl":"https://doi.org/10.1080/01603477.2024.2304854","url":null,"abstract":"Spain has experienced a history of chronically high and intractable unemployment. The Job Guarantee has been theorized as a policy proposal that aims to produce tight full employment and enhances m...","PeriodicalId":47197,"journal":{"name":"Journal of Post Keynesian Economics","volume":"118 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2024-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140170201","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}
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