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by Luca Zamparelli, Roberto Veneziani
Analytical Political Economy
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1 ANALYTICAL POLITICAL ECONOMY
References
2 TAKING STOCK: A RIGOROUS MODELLING OF ANIMAL SPIRITS IN MACROECONOMICS
1. Introduction
2. The General Framework
3. Heterogeneity and Animal Spirits in the New-Keynesian Framework
4. Herding and Objective Determinants of Investment
5. Empirical Validation
6. Conclusion
Acknowledgement
Notes
References
3 THE AGENT-BASED APPROACH TO POST KEYNESIAN MACRO-MODELING
1. Introduction
2. Background
3. The Financial Instability Hypothesis in AB Models
4. AB Model Applications in Structuralist-Neo-Kaleckian and Evolutionary Models
5. SFC-AB Models: Toward a New Benchmark?
6. Concluding Remarks
Ackowledgments
Notes
References
4 STOCK-FLOW CONSISTENT MACROECONOMIC MODELS: A SURVEY
1. Introduction
2. Basic Principles
3. Extensions: Finance, the Monetary Circuit and Income Distribution
4. Modelling the Open Economy
5. Empirical Models for Whole Countries
6. SFC and Agent-Based Modelling
7. SFC Ecological Models
8. Instead of Conclusion: Onomastics
Acknowledgements
Notes
References
5 HETERODOX THEORIES OF ECONOMIC GROWTH AND INCOME DISTRIBUTION: A PARTIAL SURVEY
1. Introduction
2. A General Framework and Alternative Models
3. Dynamics
4. Modifying the General Framework
5. Conclusion
Acknowledgment
Notes
References
6 ENDOGENOUS TECHNICAL CHANGE IN ALTERNATIVE THEORIES OF GROWTH AND DISTRIBUTION
1. Introduction
2. Neoclassical Growth Theory
3. Alternative Theories of Growth and Distribution
4. Classical Closures
5. Post-Keynesian Closures
6. Costly Innovation
7. Conclusion
Acknowledgments
Notes
References
7 MINSKY MODELS: A STRUCTURED SURVEY
1. Introduction
2. Overview and Structure of Minsky Models
3. Debt or Interest Dynamics
4 Asset Price Dynamics
5. Mainstream Minsky Models
6. Conclusion
Acknowledgements
Notes
References
8 FINANCIALIZATION AND INVESTMENT: A SURVEY OF THE EMPIRICAL LITERATURE
1. Introduction
2. Defining Financialization
3. Firm Financial Behaviour and Investment
4. Shareholder Value Orientation
5. Conclusions
Notes
References
9 QUANTITATIVE EMPIRICAL RESEARCH IN MARXIST POLITICAL ECONOMY: A SELECTIVE REVIEW
1. Introduction
2. The Value Controversy
3. Marxian National Accounts
4. Classical Theory of Relative Prices
5. Probabilistic Political Economy
6. Profitability Analysis
7. Classical-Marxian Theories of Growth, Distribution and Technical Change
8. Conclusion
Acknowledgements
Notes
References
10 VALUE, PRICE, AND EXPLOITATION: THE LOGIC OF THE TRANSFORMATION PROBLEM
1. Introduction
2. What Is Value Theory For?
3. The Basic Marxian Framework
4. Classical Long-Period Equilibrium
5. The Transformation Problem as an Impossibility Result: The Dualist Approach
6. The New Interpretation
7. An Althusserian Approach
8. A Macromonetary Approach
9. The Temporal Single-System Interpretation
10. Stochastic Approaches
11. Conclusions
Notes
References
11 A PROGRESS REPORT ON MARXIAN ECONOMIC THEORY: ON THE CONTROVERSIES IN EXPLOITATION THEORY SINCE OKISHIO (1963)
1. Introduction
2. The Main Developments in Mathematical Marxian Economics from the 1970s until the 1990s
3. The PR Exploitation by Roemer (1982)
4. Recent Trends of Exploitation Theory in Political Philosophy and Sociology
5. Recent Developments of Exploitation Theory in Economics: An Axiomatic Approach
6. Concluding Remarks
Acknowledgments
Notes
References
12 SOUTH–SOUTH AND NORTH–SOUTH ECONOMIC EXCHANGES: DOES IT MATTER WHO IS EXCHANGING WHAT AND WITH WHOM?
1. Introduction
2. Economic Development and Global Integration within the Global South
3. Evolving Nature of South–South and North–South Exchanges
4. Theory and Empirics of South–South Trade and Finance
5. China and the Emerging South in Africa
6. Is South–South Still a Meaningful Category?
7. Conclusion
Acknowledgments
Notes
References
Appendix
Index
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Analytical Political Economy
Analytical Political Economy
Edited by Roberto Veneziani and Luca Zamparelli
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