Keynesian Behavioral Macroeconomics by Theodore Koutsobinas PAPERBACK

Keynesian Behavioral MacroeconomicsAuthor(s): Theodore Koutsobinas\nFormat: Paperback\nPublisher: Elsevier Science Publishing Co Inc, United States\nImprint: Academic Press Inc\nISBN-13: 9780443247521, 978-0443247521\nSynopsis\nKeynesian Behavioral Macroeconomics analyzes Keyness landmark contributions in behavioral economics and develops a new and fresh genre of macroeconomic analysis. It compels us to consider seriously the earlier-generation warnings about the impact of investors animal spirits and financiers liquidity-presence using cognitive-based and social psychology heuristics. Innovative in its subject matter, approach, theoretical development and policy prescriptions, this constructivist pluralist approach can contribute to important debates. This fresh look in macroeconomics can fruitfully be applied by macroeconomists, policymakers, and market participants to prevent effective demand shortages, stimulate the economy, preserve job creation, and impact redistribution, susta.