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Nanofoundations of macroeconomics: Keynes and the institutional elements in the General theory
[Nano-fundamentos da macroeconomia: Keynes e o institucionalismo na Teoria Geral]

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Author Info
Pessali, Huáscar

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Abstract

Chapter 12 of Keynes´ General Theory has concepts and analytical links with strong identification with the ones used by the so-called institutional approaches. This essay emphasises what seems to have been anticipated by Keynes on the research core of institutional economics, mainly based on his behavioural assumptions.

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File URL: http://mpra.ub.uni-muenchen.de/127/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 127.

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Date of creation: 01 Jul 2006
Date of revision: 01 Dec 2006
Publication status: Published in Revista de Economia 32.2(2006): pp. 63-80
Handle: RePEc:pra:mprapa:127

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Related research
Keywords: Keynes; Keynesian Economics; economic behaviour; institutions; institutionalism;

Find related papers by JEL classification:
B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Institutional; Evolutionary
B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian
B31 - Schools of Economic Thought and Methodology - - History of Thought: Individuals - - - Individuals

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Twomey, Paul, 1998. "Reviving Veblenian Economic Psychology," Cambridge Journal of Economics, Oxford University Press, vol. 22(4), pages 433-48, July.
  2. Denzau, Arthur T & North, Douglass C, 1994. "Shared Mental Models: Ideologies and Institutions," Kyklos, Blackwell Publishing, vol. 47(1), pages 3-31.
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  3. Hodgson, Geoffrey M., 2004. "Reclaiming habit for institutional economics," Journal of Economic Psychology, Elsevier, vol. 25(5), pages 651-660, October. [Downloadable!] (restricted)
  4. Kahneman, Daniel & Tversky, Amos, 1979. "Prospect Theory: An Analysis of Decision under Risk," Econometrica, Econometric Society, vol. 47(2), pages 263-91, March. [Downloadable!] (restricted)
  5. Stigler, George J & Becker, Gary S, 1977. "De Gustibus Non Est Disputandum," American Economic Review, American Economic Association, vol. 67(2), pages 76-90, March.
  6. North, Douglass C, 1991. "Institutions," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 97-112, Winter. [Downloadable!] (restricted)
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