Review of Keynesian Economics
Scope & Guideline
Fostering Critical Analysis in Economic Paradigms
Introduction
Aims and Scopes
- Keynesian Economic Theory:
The journal serves as a platform for exploring foundational and contemporary aspects of Keynesian economics, including its principles and critiques, while promoting a revival of Keynesian thought in modern economic discourse. - Monetary Policy and Financial Regulation:
A significant focus is placed on the analysis of monetary policy frameworks and financial regulation, particularly in light of contemporary challenges such as financial crises, inflation dynamics, and the evolving role of central banks. - Macroeconomic Stability and Growth:
Research on macroeconomic stability, growth models, and the impacts of demand and supply-side factors is prevalent, emphasizing the importance of effective demand in driving economic outcomes. - Development Economics and Structuralism:
The journal explores issues related to development economics, particularly in peripheral and emerging economies, drawing on structuralist perspectives to analyze economic performance and policy implications. - Heterodox Economic Approaches:
The Review champions heterodox approaches, including Post-Keynesian, Marxian, and institutional economics, fostering interdisciplinary dialogues that enrich the understanding of economic phenomena.
Trending and Emerging
- Inflation Dynamics and Monetary Policy:
Recent publications have increasingly explored the complexities of inflation dynamics and the effectiveness of monetary policy in varying economic contexts, especially in the aftermath of the COVID-19 pandemic. - Financialization and its Impacts:
There is a growing emphasis on financialization and its implications for economic stability, income distribution, and growth, reflecting a critical examination of the financial sector's role in the economy. - Non-Bank Financial Intermediation:
Emerging discussions around non-bank financial intermediation highlight its relevance in modern finance, particularly in relation to liquidity risks and regulatory challenges. - The Role of Digital Currencies and Fintech:
With the rise of digital currencies and financial technologies, the journal is increasingly addressing their implications for monetary policy, regulatory frameworks, and economic behavior. - Hysteresis and Path Dependence:
The concepts of hysteresis and path dependence are gaining attention as researchers investigate their effects on economic recovery and long-term growth trajectories, particularly in the context of post-crisis economies.
Declining or Waning
- Traditional Neoclassical Models:
There has been a noticeable decline in the focus on traditional neoclassical economic models and their assumptions, as the journal increasingly emphasizes alternative frameworks that challenge these paradigms. - Static Economic Analyses:
Static analyses that fail to account for dynamic factors such as time, expectations, and institutional change are becoming less frequent, reflecting a shift towards more complex, dynamic modeling approaches. - Globalization as a Panacea:
The once-revered notion of globalization as a universal solution for economic advancement is waning, as papers increasingly critique its impacts on inequality and economic sovereignty, particularly in developing contexts. - Single-Country Focus:
Research focusing solely on single-country case studies appears to be declining, with a growing preference for comparative analyses that incorporate regional and global perspectives. - Overreliance on Quantitative Methods:
The journal has shown a reduction in papers relying heavily on quantitative methods without qualitative insights, indicating a shift towards more integrative methodologies that encompass both qualitative and quantitative analyses.
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