Trend and business cycles with external markets: Non‐capacity generating semi‐autonomous expenditures and effective demand

B Fiebiger, M Lavoie - Metroeconomica, 2019 - Wiley Online Library
Abstract The Global Financial Crisis has underlined the importance of developments in the
household sector to explaining macro patterns. Some recent papers have discussed the role …

Prototypes, reality and the growth rate of autonomous consumption expenditures: A rejoinder

M Lavoie - Metroeconomica, 2017 - Wiley Online Library
ABSTRACT I respond to Skott'(2016) main comments on Lavoie (2016), which are: first,
when calibrating with plausible parameter values, the stabilizing mechanism is unlikely to …

Macroeconomic stability in a flexible labor market

J Oh - Metroeconomica, 2018 - Wiley Online Library
This paper examines the relationship between labor market flexibility and macroeconomic
stability from a post‐Keynesian perspective. Considering two aspects of labor market …

Three Essays on Labor Market Friction and the Business Cycle

J Oh - 2016 - scholarworks.umass.edu
This dissertation examines the macroeconomic impact of reduced labor market friction on
the US business cycle after the mid-1980s. The first two essays investigate the relationship …