Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics

Edited by Hassan Bougrine, Full Professor and Louis-Philippe Rochon, Full Professor, Laurentian University, Canada, Editor-in-Chief, Review of Political Economy and Founding Editor Emeritus, Review of Keynesian Economics

Contents:

Acknowledgments

INTRODUCTION: Economic policies for growth and development
Hassan Bougrine and Louis-Philippe Rochon

PART 1: ECONOMIC GROWTH AND POST-KEYNESIAN ECONOMICS
1. Celebrating Pioneers
Louis-Philippe Rochon and Hassan Bougrine

2. Autonomous demand growth, distribution and fiscal and monetary policy in the short and long Runs
Amitava Krishna Dutt
 
3 Functional distribution and wage inequality in recent Kaleckian growth models
Eckhard Hein and Franz J. Prante

4 Trade and growth in middle-income economies: Mexico, Korea and China
Gerardo Fujii-Gambero, Julio López-Gallardo and Manuel García-Ramos

5 Household Debt and the Rentiers’ Share of Income
Orsola Costantini

6 Secular stagnation, loanable funds and demography: why the Zero-Lower Bound (ZLB) is not the problem
Servaas Storm

7 Hicks on Hayek, Keynes, and Wicksell
John Smithin and Eric Kam

8 Garegnani, Ackley and the years of high theory at Svimez
Sergio Cesarrato

9 The Role of Destabilising Expectations in the 2000-2001 Turkish Crisis: A Behavioural Economics Complement to the Financial Fragility Hypothesis
Mathieu Dufour

PART 2: MACRO-STABILIZATION POLICIES AND POST-KEYNESIAN ECONOMICS
10 Long-term shifts in demand and distribution in neo-Kaleckian and neo-Goodwinian models
Robert A. Blecker

11 The Problematic Nature of the Macroeconomic Policies of the Economic and Monetary Union
Philip Arestis and Malcom Sawyer

12 The Political Economy of QE and the Fed: Who Gained, Who Lost and Why did it End?
Juan Antonio Montecino and Gerald Epstein

13 Central Bank Independence Revisited
Geoffrey. C. Harcourt, Peter Kriesler and Joseph Halevi

14 The Case for a Capital Levy
John E. King

15 Negative interest rate policy (NIRP) and the fallacy of the natural rate of interest: Why NIRP may worsen Keynesian unemployment
Tom I. Palley

16 Dimensions and Implications of the Slowdown in OECD Business Investment
Jim Stanford

17 The Great Deception: The ‘Science’ of Monetary Policy and the Great Moderation Revisited
Gilberto Tadeu Lima , Mark Setterfield and Jaylson Jair da Silveira

Index