Find counter arguments by entering NameVs… or …VsName.
The author or concept searched is found in the following 3 entries.
| Disputed term/author/ism | Author |
Entry |
Reference |
|---|---|---|---|
| Economic Cycle | Keynesianism | Mause I 226 Economy/Keynesianism: In the sense of Keynesian approaches, economic fluctuations can be on the demand side of the goods markets if the spending decisions of companies and private households are driven by uncertainty and exuberance (so-called animal spirits by Keynes). Income distribution can also influence demand for goods, for example if the upper income groups have a lower marginal selling tendency than the lower income groups. (1) See Supply/Neoclassical Economics. Keynesian models justify economic cycles by the inherent instability of the private sector (fluctuations in private consumption and investment demand, in net exports and demand for money). In the event of underutilization of production capacities due to low demand, the central bank or the government should intervene to stabilise demand through a mix of interest rate cuts, tax cuts and higher spending (so-called expansive monetary and fiscal policy). >Economy/Neoclassical Theory. KeynesianismVsNeoclassical Economics). 1. Behringer, Jan, Christian A. Belabed, Thomas Theobald, und Till van Treeck. Einkommensverteilung, Finanzialisierung und makroökonomische Ungleichgewichte. Vierteljahreshefte zur Wirtschaftsforschung 82 (4), 2013, p. 203– 221. |
Mause I Karsten Mause Christian Müller Klaus Schubert, Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018 |
| Monetary Policy | Keynesianism | Mause I 224 Monetary Policy/Keynesianism/KeynesianismVsNeoclassics: Liquidity trap: if interest rates are low, so that no actor expects further rate cuts, the additional liquidity of monetary policy measures is no longer used to buy bonds. In this case, there will not be the desired interest rate cuts, which should lead to additional demand for goods in the economy as a whole. This is referred to as a liquidity trap, which leads to the ineffectiveness of monetary policy. VsNeoclassics, VsCapital Market Theory see Capital Market Theory/Neoclassics. |
Mause I Karsten Mause Christian Müller Klaus Schubert, Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018 |
| Savings Rate | Neoclassical Economics | Bofinger I 44 Saving/investment/NeoclassicalsVsKeynesianism/Krämer: A central line of conflict between neoclassicals and Keynesians is, for example, the direction of action between saving and investment. KeynesianismVsNeoclassicals: Keynes assumed that investment decisions are autonomous and that this determines the level of savings in an economy. Neoclassicists take the opposite view. >Neoclassicals, >Keynesianism, >Keynes, >Saving, >Investments. Hagen Krämer. 2015. „Make no mistake, Thomas! Verteilungstheorie und Ungleichheitsdynamik bei Piketty“. In: Thomas Piketty und die Verteilungsfrage. Ed. Peter Bofinger, Gustav A. Horn, Kai D. Schmid und Till van Treeck. 2015. |
Bofinger II Peter Bofinger Monetary Policy: Goals, Institutions, Strategies, and Instruments Oxford 2001 |
| |||
No results. Please choose an author or concept or try a different keyword-search.