514 research outputs found
Not Evidence for Baumol’s Cost Disease. A Reply to Atanda and Reed (International Journal for Re-Views in Empirical Economics, 2020)
No full textIn this article Jochen Hartwig replies to Antanda's and Reed's replication study published earlier this year (IREE, 2020-1)
Marx's reproduction schemes and the Keynesian multiplier: a reply to Sardoni
No full textIn a recent contribution to this journal, C. Sardoni takes issue with the identification by Trigg, in a 2006 publication, of a role for the Keynesian investment multiplier in Marx's schemes of reproduction. Indirectly, Sardoni also expresses his disagreement with Hartwig (by attributing one of his statements to Trigg). We appreciate the opportunity to defend our view against Sardoni's critique. This reply shows that a bridging point between Marx and Keynes can be established without recourse to microfoundations. As suggested by both Trigg, in 2006, and Hartwig, in 2004, the well known Harrod--Domar model of economic growth provides an interpretation of Marx's reproduction schemes that has the Keynesian multiplier as a constituent element. This note will further explore the assumptions underlying the interface between Marx and Keynes, in response to the challenging questions raised in Sardoni's contribution. Copyright The Author 2010. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved., Oxford University Press.
Deutsche Wirtschaft stagniert – Jetzt Wachstumskräfte stärken: Gemeinschaftsdiagnose Herbst 2014
No full textDeutsche Konjunktur stabil - Wachstumspotenziale heben: Gemeinschaftsdiagnose Herbst 2015
No full textKräftiger Aufschwung dank günstigem Öl und schwachem Euro: Gemeinschaftsdiagnose Frühjahr 2015
No full textEuropäische Schuldenkrise belastet deutsche Konjunktur: Gemeinschaftsdiagnose Herbst 2011
No full textEffective Demand: Securing the Foundations: Olivier ALLAIN on Jochen HARTWIG (2007) and Mark HAYES (2007)
No full textA panel session was organised at the 5th "Dijon" Post-Keynesian Conference (Roskilde University - 13th-14th May 2011) in order to confront three recent interpretations of Keynes's principle of effective demand: that of Hartwig (2007), Hayes (2007) and Allain (2009). Allain's comments on Hartwig and Hayes articles are developed in the present contribution
Not Evidence for Baumol's Cost Disease. A replication study of Hartwig (Journal of Health Economics, 2008)
No full textIn his 2008 Journal of Health Economics paper, Jochen Hartwig claimed that Baumol's Cost Disease (BCD) theory could explain observed increases in health care expenditures in OECD countries. This paper replicates Hartwig's results and demonstrates that he tested the wrong hypothesis. When one tests the correct hypothesis, Hartwig's conclusions are not supported. Rather than providing evidence in favor of BCD, Hartwig's estimation procedures, when applied correctly, strongly reject BCD as an explanation for health expenditure increases for the OECD data he examined
Aufschwung setzt sich fort - Europäische Schuldenkrise noch ungelöst: Gemeinschaftsdiagnose Frühjahr 2011
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