Sumários

Practical case 4

9 Abril 2026, 12:00 VICENTE FERREIRA

Practical case 4: written individual answer to questions about the New-Keynesians and Post-Keynesians.


Solving at the end


Post-Keynesians

7 Abril 2026, 12:00 VICENTE FERREIRA

Post-Keynesians

Kalecki: effective demand, market power and obstacles to full-employment
Kaldor / Robinson: economic growth and distribution
Minsky: financial instability


New-Keynesians / New synthesis

26 Março 2026, 12:00 VICENTE FERREIRA

New-Keynesians: introduction of rigidities into the neoclassical framework


Wage and price rigidities, imperfect competition and asymmetric information

New synthesis: DSGE models


Practical case 3

24 Março 2026, 12:00 VICENTE FERREIRA

Individual written answer to Practical Case 3.


Joint correction and discussion at the end.


Neoclassicals

19 Março 2026, 12:00 VICENTE FERREIRA

1970s: oil shocks, stagflation


Neoclassicals / Chicago school: monetarism, rational expectations and natural rate of unemployment (Friedman, Lucas)

Policy implications: Volcker shock, central bank independence and end of countercyclical policies