Essays about: "Keynesian economics"

Showing result 11 - 15 of 17 essays containing the words Keynesian economics.

  1. 11. Should Debt and Housing Market Dynamics Affect Monetary Policy? Lessons from Sweden 1992-2015

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Danial Ali Akbari; [2016]
    Keywords : Monetary Policy; Private Indebtedness; Housing Prices; Flexible Inflation Targeting; Sweden.; Business and Economics;

    Abstract : In this study, it will be investigated whether housing market dynamics and private indebtedness should be included in the Swedish Riksbank's formulation of monetary policy according to its mission of flexible inflation targeting. A basic model of the supply and demand sides will be chosen. READ MORE

  3. 12. Monetary Circuit Theory and the Role of Banks in the Monetization of Profits

    University essay from Göteborgs universitet/Graduate School

    Author : Johannes von Römer; [2015-07-13]
    Keywords : Monetary Circuit Theory; Post-Keynesian Economics; Endogenous Money; Paradox of Profits; Circulation; Velocity of Money; Stock-Flow Consistent Approach;

    Abstract : Using the tools of the monetary circuit the paradox of profits on how the firm sector as a whole can realize profits is addressed. The thesis innovates with the banking system facing the same profit paradox as firms and how it can be overcome. READ MORE

  4. 13. The role of "artificially" low interest rates through credit expansion - The road to prosperity or another recession?

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : My Hedlin; [2015]
    Keywords : Circulation credit theory; Credit expansion; Monetary policy; Interest rate; Austrian business cycle;

    Abstract : Current macroeconomic doctrine holds that the aim of monetary policy should be a steady inflation rate aligned with expectations. Consequently, central banks have declared remarkably low interest rates after the financial crisis in 2008 and pursue vast monetary expansion in their battle against slumbering economic activity. READ MORE

  5. 14. The Debate on Inflation Dynamics and the Swedish Experience

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Philip Odum; [2013]
    Keywords : new-Keynesian hybrid Phillips curve; Economics; Sweden; inflation dynamics; GMM; maximum likelihood; Business and Economics;

    Abstract : Inspired by the methodology of Galí and Gertler (1999) and Lindé (2005) and the seemingly fierce debate over the most appropriate econometric approach to study inflation dynamics, the new-Keynesian hybrid Phillips curve has been conducted with Swedish sample data and estimated with the general method of moment (GMM) and the full information maximum likelihood (FIML) estimators. GMM generated estimates that reject the idea of pure forward-looking behavior in price setting, but backwardness in price setting seems to be predominated. READ MORE

  6. 15. The Effects of Monetary Policy on the Real Economy

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Birgir Hafstein; [2011]
    Keywords : VAR model; Monetary policy; Asymmetric effects; New Keynesianism; Business and Economics;

    Abstract : This paper looks for evidence of asymmetric effects of monetary policy on the real economy of the United States, the United Kingdom and Japan. In order to do this, a “new Keynesian” model is used as a basis with the regressions performed in a VAR setting. READ MORE