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.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
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.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
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.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The effects of real exchange rate on the demand for exports: a case of Malaysian primary commodities. Malaysia's public enterprises: a performance evaluation
- Abstracts: A reexamination of analysts' earnings forecasts for takeover targets. The impact of industry shocks on takeover and restructuring activity
- Abstracts: The implications of WTO and GATS for the banking sector in Africa. Globalisation and policy effects in Africa
- Abstracts: An exploration of the eductive justifications of the rational-expectations hypothesis. Recursive utility and optimal growth with bounded or unbounded returns
- Abstracts: The economics of intrapreneurial innovation. The value-added of laboratory experiments for the study of institutions and common-pool resources