Category Books

Improving the Global Economy: Keynesianism and the Growth in Output and Employment »

Authors: Paul Davidson (Editor), Jan A. Kregel
ISBN-13: 9781858985411, ISBN-10: 1858985412
Format: Hardcover
Publisher: Elgar, Edward Publishing, Inc.
Date Published: January 1997
Edition: (Non-applicable)

	List of contributors
	List of figures
	List of tables
	Introduction
1	Aggregate consumption and the economics of Keynes	5
2	Fictional basis of modern macroeconomics	50
3	A direct test of Keynes's theory of investment: assessing the role of profit expectations and weight	63
4	Keynes and the susceptibility of investment	79
5	Different views on uncertainty and some policy implications	93
6	Disequilibrium pricing, critical equilibrium and the real cycle	107
7	The effects of the fiscal deficit on the composition of US GDP: an analysis of disaggregated data	133
8	The problem of the 'extremely poor' in Brazil: are aggregate demand management policies enough?	175
9	Keynes, employment policy and the underclass	190
10	A new view of the NAIRU	196
11	It's time to ditch the NAIRU	231
12	Employment policy, community development and the underclass	248
13	Imported capital goods and the small open economy	265
14	The relevance of the principles of Keynesian economics for the transition to capitalism in today's underdeveloped world	283
15	Globalization and international competitiveness	30S
16	Changes in income distributions and poverty rates in Central European transitional economies	325
	Index	341