HAL will be down for maintenance from Friday, June 10 at 4pm through Monday, June 13 at 9am. More information
Skip to Main content Skip to Navigation
Journal articles

Le retour de l’économie keynésienne

Abstract : Pre-crisis standard macroeconomic models, qualified as neo Keynesian, rely more on the concept of natural rate of interest than on global demand. But new insights in macroeconomic theory build far more realistic models, especially as regards labour and good and services markets. These models renew with the Keynes intuitions – under-consumption, savings paradox – and are more suitable to reality confrontation. The Keynesian or neo-classical pattern should no more be a political or theoretical stake but rather an empirical one. For example, recent econometric studies highlight that the American economy behaves as Keynesian during the biggest crisis but as non Keynesian during smaller ones. This should be a guide for policy makers.
Document type :
Journal articles
Complete list of metadata

https://hal-sciencespo.archives-ouvertes.fr/hal-03469978
Contributor : Spire Sciences Po Institutional Repository Connect in order to contact the contributor
Submitted on : Wednesday, December 8, 2021 - 8:40:01 AM
Last modification on : Friday, March 25, 2022 - 3:58:32 AM

File

2016-ragot-le-retour-de-l-econ...
Publisher files allowed on an open archive

Identifiers

Collections

Citation

Xavier Ragot. Le retour de l’économie keynésienne. Revue d'économie financière, Association d'économie financière (AEF), 2016, pp.173 - 185. ⟨hal-03469978⟩

Share

Metrics

Record views

1

Files downloads

1