Empirical Post Keynesian Economics

Empirical Post Keynesian Economics

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This text highlights the major empirical questions and issues facing Post Keynesian economics today. Featuring contributions by leading Post Keynesian economists, it focuses on public policy and real-life analysis of this vibrant and dynamic economic theory. In language that is accessible to upper-level undergraduate and graduate students, professional economists, and public policy makers, each of the chapters takes on a specific issue of concern to all professional economists, provides empirical analysis of the issue, and then discusses the Post Keynesian view on the topic and contrasts it with the orthodox perspective. The topics covered are grouped into three main categories: empirical studies of consumption; empirical studies of business investment; and empirical studies of international economic relations.of. Credit. Card. Debt. Default. Introduction Itis becoming a common belief among some heterodox economists that ... at the discretion of researchers; for theseindividuals it is the interpretation, not the method, that matters most ( Downwardand Mearman 2000). ... This researchutilizes the techniques ofexploratory dataanalysis (data mining) and crossvalidation to develop a modelofcredit carddebt defaultanbsp;...

Title:Empirical Post Keynesian Economics
Author: Richard P F Holt, Steven Pressman
Publisher:Routledge - 2014-12-18

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