Keynesian models of deflation and depression revisited

Keywords

Deflation, Keynesian economics, Economics, Depression (economics), New Keynesian economics

References

• The Macroeconomics of Aggregate Demand and the Price LevelThomas I. Palley — 2008
• Pitfalls in Financial Model-BuildingWilliam C. Brainard, James Tobin — 1968
• Keynesian-Monetarist Dynamics and the CorridorChristian Groth — 1993
• Keynesian Models of Recession and DepressionJames Tobin — 1975
• A General Disequilibrium Model of Income and EmploymentRobert J. Barro, Herschel I. Grossman — 1971
• Is Increased Price Flexibility StabilizingJ. Bradford De Long, Lawrence H. Summers — 1985
• A General Equilibrium Approach to Monetary TheoryJames Tobin — 1969
• Fisher, Keynes, and the Corridor of StabilityRobert W. Dimand — 2005
• AGGREGATE DEMAND CONTRACTIONS WITH NOMINAL DEBT COMMITMENTS: IS WAGE FLEXIBILITY STABILIZING?John Caskey, Steve Fazzari — 1987
• Money and Finance in the Macro-Economic ProcessJames Tobin — 1982
• The theory of unemployment reconsideredKarl‐Gustaf Lófgren, Edmond Malinvaud, Karl‐Gustaf Lófgren — 1978
• It's Baaack: Japan's Slump and the Return of the Liquidity TrapPaúl Krugman, Kathryn M. Dominquez, Kenneth Rogoff — 1998
• The Debt-Deflation Theory of Great DepressionsIrving Fisher — 1933
• General Disequilibrium Analysis with Inside DebtThomas I. Palley — 1999
• The General Theory of EmploymentJohn Maynard Keynes — 1937
• The Collected Writings of John Maynard Keynes: The General Theory of Employment, Interest and MoneyJohn Maynard Keynes — 1978
• Asset Accumulation and Economic ActivityMaurice Peston, James Tobin — 1982
• The Classical Stationary StateA. C. Pigou — 1943
• Liquidity Preference and the Theory of Interest and MoneyFranco Modigliani — 1944
• The General Theory of Employment, Interest and MoneyHarold Barger — 1936

Cited by

• James Tobin and Modern Monetary TheoryRobert W. Dimand — 2014
• Deflation and Economic Growth in Long-Term PerspectivePavel Ryska — 2014
• The Simple Macroeconomics of Fiscal Austerity, Public Sector Debt and DeflationThomas I. Palley — 2010
• Rising inequality and stagnation in the US economyBarry Z. Cynamon, Steven M. Fazzari — 2015
• Rethinking the economics of capital mobility and capital controlsThomas I. Palley — 2009
• Aggregate demand, instability, and growth*Steven M. Fazzari, Pietro Enrico Ferri, Edward Greenberg — 2013
• Irving Fisher's debt deflation analysis: From the Purchasing Power of Money (1911) to the Debt-deflation Theory of the Great Depression (1933)Michaël Assous — 2013
• ECONOMÍA Y ECONOMÍA POLÍTICA DE FRIEDMAN: UNA CRÍTICA DESDE EL VIEJO KEYNESIANISMOThomas I. Palley — 2014
• Keynesian systems with rigidity and flexibility of prices and inflation–deflation expectationsHiroki Murakami — 2014
• The “New Consensus” and the Post-Keynesian Approach to the Analysis of Liquidity TrapsAlfonso Palacio-Vera — 2010
• Investment and the Taylor rule in a dynamic Keynesian modelSteven M. Fazzari, Piero Ferri, Edward Greenberg — 2010
• Avoiding a Great Depression but Getting a Great Recession. The Bank of Japan and Japanese Macroeconomic Policy, 1991–2004Brian K. MacLean — 2006
• Wage flexibility and economic stability in a non-Walrasian model of economic growthHiroki Murakami — 2015
• Finance, Inflation and Employment: A Post-Keynesian/Kaleckian AnalysisGeorgios Argitis, Yannis Dafermos — 2011
• Inside Debt and the Stability of InflationThomas I. Palley — 2011
• Keynesian, Classical and New Keynesian Approaches to Fiscal Policy: Comparison and CritiqueThomas I. Palley — 2013
• Bailing Out the Titanic with a ThimbleSteve Keen — 2009
• Inside Debt and Economic Growth: A Cambridge - Kaleckian AnalysisThomas I. Palley — 2009
• Milton Friedmans economics and political economy: an old Keynesian critiqueThomas I. Palley — 2014
• The backward bending Phillips curves: competing micro-foundations and the role of conflictThomas I. Palley — 2019

Related papers

• Nontraded Goods and Deflationary Bias in a New Keynesian Open Economy ModelTao Gu — 2013
• Deflation and Depression: Is There and Empirical Link?Andrew Atkeson, Patrick J. Kehoe — 2004
• Fiscal policy under deflationary gap and long-run stagnation: Reinterpretation of Keynesian multipliersRyu‐ichiro Murota, Yoshiyasu Ono — 2015
• Keynesian Models of Deflation and Depression Revisited: Inside Debt and Price FlexibilityWashington Dc — 2007
• Keynesian Models of Deflation and Depression Revisited: Inside Debt and Price FlexibilityThomas I. Palley — 2008
• Can inflation expectations be measured using commodity futures prices?Rasheed Saleuddin, Coffman, D'Maris — 2014
• Expectations, Monetary Policy, and Labor Markets: Lessons from the Great DepressionChristopher Phillip Reicher — 2009
• Is Price Flexibility DestabilizingRobert Driskill, Steven M. Sheffrin — 1986