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澳洲國立大學作業代寫:凱恩斯主義

Keywords:澳洲國立大學作業代寫

這不,但是,凱恩斯主義的結束。一些經濟學家認為,傳統的凱恩斯模型仍然提供了一些有益的見解。凱恩斯主義模式的主要批評之一是它沒有微觀基礎。這導致了新凱恩斯主義的發展。其核心思想是,那些批評凱因斯的人的觀點依賴于經濟能夠迅速而容易地進行調整。有許多模型適用于新凱恩斯主義范式。它們共同的特點是在微觀層面引入某種剛性。一個模型假設只有一個給定數量的公司可以改變他們的價格在某一特定時期。這可能是由于以下幾個原因。公司可能被鎖定在合同中,阻止他們改變價格。還有價格變化時所產生的成本,所謂的菜單成本。所有這些原因可能導致價格粘性。這意味著,在任何給定的時間內,一些公司將有一個價格是不是最佳的條件。政府可以利用這一點,通過操縱需求的水平,以誘導輸出反應的公司無法改變他們的價格。其他模型試圖結合市場不完全競爭的事實。在這些模型中的企業給予一定程度的市場力量,使他們能夠收取價格高于邊際成本。這些各種各樣的剛性給政府干預的理論依據。英國財政部和英格蘭銀行在決定適當的貨幣政策和預測時采用的是這些模型。
澳洲國立大學作業代寫:凱恩斯主義
This was not, however, the end of Keynesianism. Some economists felt that the traditional Keynesian model still offered some useful insights. One of the main criticisms of the Keynesian model is that it had no micro foundations. This led to the development of New Keynesianism. The central idea is that the argument of those who criticised Keynes depended upon the economy being able to adjust quickly and easily. There are many models which fit into the New Keynesian paradigm. The feature they all have in common is that they introduce some sort of rigidity at the micro level. One model assumes that only a given number of firms can change their price in a particular period. This can be due to several reasons. The firm may be locked into contracts which prevent them from changing their prices. There are also costs which are incurred when changing prices, so-called menu costs. All of these reasons may contribute to the price stickiness. This means that, in any given time period, some firms will have a price which is not optimal for the conditions. Governments can take advantage of this by manipulating the level of demand to induce output responses by firms which are unable to change their prices. Other models attempt to incorporate the fact that markets are not perfectly competitive. Firms in these models are given a degree of market power which allows them to charge a price above the marginal cost. These sorts of rigidities give a theoretical justification for government intervention. It is these sorts of models which are used by the UK Treasury and the Bank of England when deciding on the appropriate monetary policy and when forecasting.

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