Global ETD Search
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Showing 1 to 5 of 5 for “"Keynesian Approach"”.
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Essays on Monetary Issues of Small Open Economies: Theory and Some Evidence for Colombia
… at the core of the debate between the Monetary approach (MA) and the Keynesian Approach (KA) to the balance of payments, (c) is of particular interest for economies with exchange controls. The empirical work relates to Columbia and covers, mainly, the period 1957-I/1985-IV.
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The Size of the Multiplier: Comparing Alternate Views After the Great Recession
… using a standard SVAR model based on New Keynesian approach for time period between 2009 and 2018. In addition, following the classical economic theory, the multiplier is recalculated in the absence of Finance, Insurance, and Real Estate (FIRE) sector which is considered to be unproductive …
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An analysis of the dynamic multiplier in a two-region economy
… North-Tiebout debate was followed by two main approaches: one based on the Keynesian income-expenditure approach and the other on input-output analysis. This essay is concerned with the application of the Keynesian approach within the context of a two-region economy. Section 2 provides a review …
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Fiscal Policy and Economic Growth at Different Stages of Development: An Eclectic Approach
… country conditions are better explained in the Keynesian theory. The main argument can be summarised as follows: in developing countries, where the capital-labour ratio is very low and most productivity growth comes from capital formation, capital accumulation is the key mechanism for …
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Exploring the Role of Fiscal Policy and Sovereign Debt Shocks on Economic Growth among Southern African Developing Communities
… findings of the study are consistent with the Keynesian school of thought, which strongly argues that governments use countercyclical expansionary fiscal policy as a credible tool to spur economic activities and stabilise macroeconomic fluctuations during different phases of the business cycle. …