Empirical Post-Keynesian Economics, 1st Edition

  • Steven Pressman Monmouth University
  • Richard Holt
  • Published By:
  • ISBN-10: 0765621983
  • ISBN-13: 9780765621986
  • DDC: 330.1
  • Grade Level Range: College Freshman - College Senior
  • 352 Pages | eBook
  • Original Copyright 2007 | Published/Released October 2009
  • This publication's content originally published in print form: 2007

  • Price:  Sign in for price



This text highlights the major empirical questions and issues facing Post Keynesian economics today. Featuring contributions by leading Post Keynesian economists, it focuses on public policy and real-life analysis of this vibrant and dynamic economic theory. In language that is accessible to upper-level undergraduate and graduate students, professional economists, and public policy makers, each of the chapters takes on a specific issue of concern to all professional economists, provides empirical analysis of the issue, and then discusses the Post Keynesian view on the topic and contrasts it with the orthodox perspective. The topics covered are grouped into three main categories: empirical studies of consumption; empirical studies of business investment; and empirical studies of international economic relations.

Table of Contents

Front Cover.
Half Title Page.
Title Page.
Copyright Page.
List of Tables, Figures, and Appendices.
1: Empirical Analysis and Post Keynesian Economics.
2: Empirical Studies of Distribution, Inequality, and Consumption.
3: What Can Post Keynesian Economics Teach Us About Poverty?.
4: Unemployment, Inequality, and the Policy of Europe: 1984–2000.
5: The Racial U-Curve in U.S. Residential Credit Markets in the 1990s: Empirical Evidence from a Post Keynesian World.
6: An Analysis of Credit Card Debt Default.
7: Empirical Studies of Business Investment.
8: The Dynamics of Innovation and Investment, with Application to Australia, 1984–1998.
9: Kalecki's Investment Theory: A Critical Realist Approach.
10: Bubbles or Whirlpools? An Empirical Analysis of the Effects of Speculation and Financial Uncertainty on Investment.
11: An Analysis of the Shrinking Supply of Equity and the U.S. Stock Market Boom: Does Supply Matter?.
12: Empirical Studies of International Economic Relations.
13: The Effect of Distribution on Accumulation, Capacity Utilization, and Employment: Testing the Profit-Led Hypothesis for Turkey.
14: Growth Under External Constraints in Brazil: A Post Keynesian Approach.
About the Editors and Contributors.