Economic Thought -2
JOHN MAYNARD KEYNES and KEYNESIAN ECONOMICS
The best books on John Maynard Keynes recommended by Robert Skidelsky.
Robert Skidelsky (2011): The Relevance of Keynes, Cambridge Journal of Economics
Robert Skidelsky. The Great Depression: Keynes's Perspective .
M. Beaud and D. Dostaler (2005): Economic Thought since Keynes
1. Hydraulic Keynesianism
Huw Dixon and Bill Gerrard (2000): Old, New and Post Keynesian Perspectives on the IS-LM Framework: A Contrast and Evaluation.
Modigliani & Miller (1958): The Cost of Capital, Corporation Finance and the Theory of Investment
Life Cycle, Individual Thrift and the Wealth of Nations.
Angus Deaton (2005): Franco Modigliani and the Life Cycle Theory of Consumption
The Pure Theory of Public Expenditure (1954)
James Tobin (1982): Paul A. Samuelson and Modern Economics
A Study of Paul Samuelson's Economics: Making Economics Accessible to Students
Nobel Lecture (1970): Maximum Principle in Analytical Economics
R. C. Merton (2006): Paul Samuelson and Financial Economics.
A. Dixit (2012): Paul Samuelson's Legacy .
2. Post Keynesian Economics
Post Keynesian Studies:
Post-Keynesian School Reading List (2016).
Mark Lavoie (2006): Introduction to Post Keynesian Economics.
J. E. King (2003): The Elgar Companion to Post Keynesian Economics
F. H. P. Terra and P. Arestis (2017): Monetary Policy in the Post Keynesian Theoretical Framework
3. Disequilibrium Keynesianism
Robert W. Clower
(1926-2011)
Axel Leijonhufvud
(1933-2022)
Alan Coddington (1976): Keynesian Economics: The Search for First Principles
R. W. Clower (1954): An Investigation Into the Dynamics of Investment.
R. W. Clower (1994): Economics as an Inductive Science.
R. W. Clower (1995):Axiomatics in Economics
Axel Leijonhufvud (1967): Keynes and the Keynesians: A Suggested Interpretation
Axel Leijonhufvud (1999): Mr. Keynes and the Moderns.
R. Plassard (2017): Disequilibrium as the origin, originality, and challenges of Clower’s microfoundations of monetary theory.
Roger Backhouse (1988): Disequilibrium macroeconomics: an episode in the transformation of modern macroeconomics .
Pierrick Clerc & Rodolphe Dos Santos Ferreira (2020): On Keynesian Economics and the Economics of Keynes after fifty years.
Richard Jackman (1974): Keynes and Leijonhufvud .
Peter Howitt (2002): A Dictionary Article on Axel Leijonhufvud’s On Keynesian Economics and the Economics of Keynes: A Study in Monetary Theory.
Hans-Michael Trautwein (2018): Leijonhufvud on New Keynesian Economics and the Economics of Keynes.
4. New Keynesian Economics
What is New-Keynesian Economics (1990).
Hysteresis in History: Was There Ever a Phillips Curve? (1989).
Symposium on Macroeconomics 1 Fresh Water, Salt Water, and Other Macroeconomic Elixirs (1989)
The Time-Varying NAIRU and its Implications for Economic Policy(1997).
U.S. Economic Growth since 1870: One Big Wave? (1999).
The Rise and Fall of American Growth (2016).
Selected Issues in the Rise of Income Inequality (2007).
The History of the Phillips Curve: Consensus and Bifurcation
Revisiting U.S. Productivity Growth over the Past Century with A View of the Future. (2010).
Friedman and Phelps on the Phillips curve: viewed from a half century’s perspective (2018).
New Keynesian Policies
Albert Queralto (2022). Monetary Policy in a Model of Growth
Why Choose Economic Freedom (2020).
Reflections on Monetary Policy and Its Future.(2021)
Inflation targeting in high inflation emerging economies: lessons about rules and instruments (2019).
Capital Flows, IMF's Institutional View and An Alternative (2019)
Explanatory Power of Monetary Policy Rules (2007).
A Historical Analysis of Monetary Policy Rules (1999).
Phillips Lecture – Why Sometimes Are Different: Macroeconomic Policy and the Aftermath of Financial Crises.(2017)
The Most Dangerous Idea in Federal Reserve History: Monetary Policy Doesn’t Matter (2013)
The State of New Keynesian Economics: A Partial Assessment (2018)
The effects of a money-financed fiscal stimulus (2020)
Unemployment in an Estimated New
Keynesian Model (2012).
Notes for a New Guide to Keynes (I): Wages, Aggregate Demand and Employment (2012)
Monetary Policy and Endogenous Financial Crises (2021).
The Science of Monetary Policy: A New Keynesian Perspective, JEL, 1999.
Effective Demand Failures and the Limits of Monetary Stabilization Policy (2021).
Optimal Monetary Stabilization Policy (2010).
Conventional and Unconventional Monetary Policy with Endogenous Collateral Constraints (2013)
Robustly Optimal Monetary Policy in a Microfounded New Keynesian Model (2012).
Modeling Imprecision in Perception, Valuation, and Choice (2020)
