A re-examination of the reasons for the failure of Keynesian expansionary policies in France, 1981-1983

Article Abstract:

Pres. Francois Mitterand of France implemented an expansionary economic program based on Keynesian principles after his election in May 1981. The program was response to the unemployment and economic malaise left behind by former Prime Minister Raymond Barre. The program consisted of wage hikes, income transfers, government-supported investment incentives and control of inflation through restrictions on money supply and an incomes policy. The program ended in failure due to the French government's compliance with the exchange rate policies implemented by the European Monetary System.

Evaluation, France, Economic policy

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The immerisation of the landlords: rent in a Kaldorian theory of income distribution

Article Abstract:

Research into the role of rent in a Kaldorian distribution model is presented. The paper examines the decline in rents as a part of national income and the relationship between rents, wages, profits and saving.

Distribution (Economics), Land use, Rents (Property), Kaldor, N.

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Keynesian theorizing during hard times: stock-flow consistent models as an unexplored 'frontier' of Keynesian macroeconomics

Article Abstract:

Keynesian models, which examine stock volatility, are presented.

Forecasts, trends, outlooks, Brazil, Forecasts and trends, Market trend/market analysis, Capital stock, Capital stocks

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