Macroeconomic methodology: a post-Keynesian perspective
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cheltenham [u.a.]
Elgar
2008
|
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | XVI, 256 S. graph. Darst. |
| ISBN: | 9781845427368 |
Staff View
MARC
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Record in the Search Index
| _version_ | 1804137247604211712 |
|---|---|
| adam_text | Contents
List of
figures,
tables and box
viii
Preface
χ
Summary
xii
Introduction
1
Introduction: different points of view
1
Neoclassical macroeconomic methodology: key terms
3
Post-Keynesian macroeconomic methodology: important
terminology
9
Conclusion: methodology as a major dividing line within
macroeconomics
14
1
Keynes-inspired macroeconomic theory in a
methodological perspective
19
Introduction
19
From generalized micro-theory to actual macro-theory
20
Keynesians after Keynes
25
Keynes and post-Keynesians
35
Post-Keynesian (I): growth, price theory and income
distribution
39
Post-Keynesian (II): money and inflation
43
Post-Keynesian (III): the need for a methodology tackling
reality
46
Summary
48
2
Macroeconomic methodology: from a critical realist perspective
53
Prologue
53
Introduction to macroeconomic methodology: central issues
54
Critical realism with reference to macroeconomics
62
From theory to practice
79
Appendix
2.1 85
Appendix
2.2 87
3
The macroeconomic landscape: an example of an
ontological reflection
91
vi Macroeeonomic
methodology
The socially embedded macroeconomic vision
91
An ontological reflection: a sketch of a macroeconomic
landscape
96
Some structures in the macroeconomic landscape
98
Macroeconomic causal relations: macro-behaviour relations
105
Summary
Ю6
Appendix
3.1 108
4
About uncertainty, risk and limited knowledge
110
Introduction
110
About uncertainty, risk, limited knowledge and expectations-
formation
112
Inherent macroeconomic uncertainty
116
Microeconomic
uncertainty as a basis for macroeconomic
behavioural relations
122
Summary
125
Appendixül
126
5
Uncertainty and the economy as a whole
132
Introduction
132
A closed system: a laboratory-shaped reality without
uncertainty
135
Open macroeconomic systems
137
Summary
152
6
Equilibrium and path-dependence from a perspective of
uncertainty
155
Prologue: a long struggle of escape
155
Introduction: two separate positions
157
The equilibrium concept in the laboratory model
1
59
Equilibrium and uncertainty in post-Keynesian theory
166
Summary
176
Appendix
6.1 177
7
The fallacy of composition
180
Introduction: from micro to macro in a historical
perspective
180
The fallacy of composition as a consequence of
methodological individualism and general equilibrium
186
The representative agent: the micro-macro divide
187
From market level to the economy as a whole
189
Summary I93
Contents
vii
8
Effective
demand: a macroeconomic
causal
relationship
196
Prologue
196
Introduction
197
Macroeconomic
behaviour with
a microeconomic
consideration
197
The principle of
effective
demand
198
Differences between Keynes s and neoclassical theory of
Output as a whole
206
Aggregate demand in the long run
211
Summary
213
Appendix
8.1
214
9
Methodological perspectives for realistic macroeconomic
research: a summary
219
Dividing lines
219
Making macroeconomic reality operational: from World
1
to
World
3
225
Summing up
230
Bibliography
234
Index
247
|
| adam_txt |
Contents
List of
figures,
tables and box
viii
Preface
χ
Summary
xii
Introduction
1
Introduction: different points of view
1
Neoclassical macroeconomic methodology: key terms
3
Post-Keynesian macroeconomic methodology: important
terminology
9
Conclusion: methodology as a major dividing line within
macroeconomics
14
1
Keynes-inspired macroeconomic theory in a
methodological perspective
19
Introduction
19
From generalized micro-theory to actual macro-theory
20
Keynesians after Keynes
25
Keynes and post-Keynesians
35
Post-Keynesian (I): growth, price theory and income
distribution
39
Post-Keynesian (II): money and inflation
43
Post-Keynesian (III): the need for a methodology tackling
reality
46
Summary
48
2
Macroeconomic methodology: from a critical realist perspective
53
Prologue
53
Introduction to macroeconomic methodology: central issues
54
Critical realism with reference to macroeconomics
62
From theory to practice
79
Appendix
2.1 85
Appendix
2.2 87
3
The macroeconomic landscape: an example of an
ontological reflection
91
vi Macroeeonomic
methodology
The socially embedded macroeconomic vision
91
An ontological reflection: a sketch of a macroeconomic
landscape
96
Some structures in the macroeconomic landscape
98
Macroeconomic causal relations: 'macro-behaviour relations'
105
Summary
Ю6
Appendix
3.1 108
4
About uncertainty, risk and limited knowledge
110
Introduction
110
About uncertainty, risk, limited knowledge and expectations-
formation
112
Inherent macroeconomic uncertainty
116
Microeconomic
uncertainty as a basis for macroeconomic
behavioural relations
122
Summary
125
Appendixül
126
5
Uncertainty and'the economy as a whole'
132
Introduction
132
A closed system: a laboratory-shaped reality without
uncertainty
135
Open macroeconomic systems
137
Summary
152
6
Equilibrium and path-dependence from a perspective of
uncertainty
155
Prologue: 'a long struggle of escape'
155
Introduction: two separate positions
157
The equilibrium concept in the laboratory model
1
59
Equilibrium and uncertainty in post-Keynesian theory
166
Summary
176
Appendix
6.1 177
7
The fallacy of composition
180
Introduction: from micro to macro in a historical
perspective
180
The fallacy of composition as a consequence of
methodological individualism and general equilibrium
186
The representative agent: the micro-macro divide
187
From market level to the 'economy as a whole'
189
Summary I93
Contents
vii
8
Effective
demand: a macroeconomic
causal
relationship
196
Prologue
196
Introduction
197
Macroeconomic
'behaviour' with
a microeconomic
consideration
197
The principle of
effective
demand
198
Differences between Keynes's and neoclassical theory of
Output as a whole'
206
Aggregate demand in the long run
211
Summary
213
Appendix
8.1
214
9
Methodological perspectives for realistic macroeconomic
research: a summary
219
Dividing lines
219
Making macroeconomic reality operational: from World
1
to
World
3
225
Summing up
230
Bibliography
234
Index
247 |
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| illustrated | Illustrated |
| index_date | 2024-07-02T19:14:58Z |
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| institution | BVB |
| isbn | 9781845427368 |
| language | English |
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| physical | XVI, 256 S. graph. Darst. |
| publishDate | 2008 |
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| publisher | Elgar |
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| spelling | Jespersen, Jesper 1948- Verfasser (DE-588)170203417 aut Macroeconomic methodology a post-Keynesian perspective Jesper Jespersen Cheltenham [u.a.] Elgar 2008 XVI, 256 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Macroeconomics Neokeynesianismus (DE-588)4138182-8 gnd rswk-swf Methodologie (DE-588)4139716-2 gnd rswk-swf Makroökonomie (DE-588)4037174-8 gnd rswk-swf Makroökonomie (DE-588)4037174-8 s Methodologie (DE-588)4139716-2 s Neokeynesianismus (DE-588)4138182-8 s 1\p DE-604 Digitalisierung UB Regensburg application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016229660&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Jespersen, Jesper 1948- Macroeconomic methodology a post-Keynesian perspective Macroeconomics Neokeynesianismus (DE-588)4138182-8 gnd Methodologie (DE-588)4139716-2 gnd Makroökonomie (DE-588)4037174-8 gnd |
| subject_GND | (DE-588)4138182-8 (DE-588)4139716-2 (DE-588)4037174-8 |
| title | Macroeconomic methodology a post-Keynesian perspective |
| title_auth | Macroeconomic methodology a post-Keynesian perspective |
| title_exact_search | Macroeconomic methodology a post-Keynesian perspective |
| title_exact_search_txtP | Macroeconomic methodology a post-Keynesian perspective |
| title_full | Macroeconomic methodology a post-Keynesian perspective Jesper Jespersen |
| title_fullStr | Macroeconomic methodology a post-Keynesian perspective Jesper Jespersen |
| title_full_unstemmed | Macroeconomic methodology a post-Keynesian perspective Jesper Jespersen |
| title_short | Macroeconomic methodology |
| title_sort | macroeconomic methodology a post keynesian perspective |
| title_sub | a post-Keynesian perspective |
| topic | Macroeconomics Neokeynesianismus (DE-588)4138182-8 gnd Methodologie (DE-588)4139716-2 gnd Makroökonomie (DE-588)4037174-8 gnd |
| topic_facet | Macroeconomics Neokeynesianismus Methodologie Makroökonomie |
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