A theory of economic policy lock-in and lock-out via hysteresis: Rethinking economists' approach to economic policy
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- Palley, Thomas, 2017. "A theory of economic policy lock-in and lock-out via hysteresis: Rethinking economists' approach to economic policy," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy (IfW), vol. 11, pages 1-18.
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CitationsCitations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
- Thomas Palley, 2018. "Recovering Keynesian Phillips curve theory," FMM Working Paper 26-2018, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Steven Fazzari & Piero Ferri & AnnaMaria Variato, 2018. "Demand-led growth and accommodating supply," FMM Working Paper 15-2018, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
More about this item
Keywordseconomic policy; lock-in; hysteresis; globalization; euro; neoliberalism;
- D7 - Microeconomics - - Analysis of Collective Decision-Making
- E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
- F5 - International Economics - - International Relations, National Security, and International Political Economy
- H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents
- L5 - Industrial Organization - - Regulation and Industrial Policy
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-HPE-2017-01-08 (History & Philosophy of Economics)
- NEP-MAC-2017-01-08 (Macroeconomics)
- NEP-PKE-2017-01-08 (Post Keynesian Economics)
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