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The main purpose of the study is to test empirically the theoretical controversy between the so-called "accommodationist" and "structuralist" approaches in the context of the endogenous money hypothesis. The former is usually summarised as stati[...]texto impreso
Ayala, Iván H ; Palacio Vera, Alfonso | 2015-03Existen dos nociones distintas sobre la racionalidad humana en la obra filosófica de Popper: la derivada de la teoría popperiana del conocimiento y el aprendizaje (TPCA) y la noción implícita en su propuesta metodológica para las Ciencias Social[...]texto impreso
Palacio Vera, Alfonso | Facultad de Ciencias Económicas y Empresariales, Universidad Complutense de Madrid | 2003The aggregate supply and demand model (AS-AD) posited by Keynes in the General Theory and elaborated by Weintraub and Davidson is analysed by inserting a CES production function. We perform a comparative statics analysis where the effects on the[...]texto impreso
Trincado Aznar, Estrella ; Arribas Cámara, Javier ; Gallego Abaroa, Elena ; García Ruiz, José Luis ; Jurado Sánchez, José ; Manosalvas Cornejo, Giovanny ; Márquez de la Cruz, Elena ; Martínez Cañete, Ana ; Méndez Ibisate, Fernando ; Ortiz Villajos, José María ; Palacio Vera, Alfonso ; Perdices De Blas, Luis ; Pérez-Soba Aguilar, Inés ; Quiroga Valle, Gloria ; Ramos Gorostiza, José Luis ; Rodríguez Braun, Carlos ; Santos Redondo, Manuel ; Sanz Bas, David ; Siu Galiano, José María | UCM | 2017-05-10Este proyecto ha editado hasta 24 vídeos para un curso semipresencial reconocido como Actividad Formativa con reconocimiento de 2 ECTS para todos los grados de la UCM, "Las ideas de los economistas, cuando tienen razón y cuando se equivocan, son[...]texto impreso
Palacio Vera, Alfonso ; Ayala, Iván H | 2015-11We review Keynes´s attempt to deal with the `problem of induction´ since his Treatise on Probability and then argue that Popper´s `solution´ to the former, known as Popper´s evolutionary of knowledge and learning, is compatible with Keynes´s ado[...]texto impreso
Trincado Aznar, Estrella ; Arribas Cámara, Javier ; Gallego Abaroa, Elena ; García Ruiz, José Luis ; Jurado Sánchez, José ; Manosalvas Cornejo, Giovanny Manuel ; Márquez de la Cruz, Elena ; Martínez Cañete, Ana Rosa ; Méndez Ibisate, Fernando ; Ortiz-Villajos López, José María ; Palacio Vera, Alfonso ; Perdices De Blas, Luis ; Pérez-Soba Aguilar, Inés ; Quiroga Valle, María Gloria ; Ramos Gorostiza, José Luis ; Rodríguez Braun, Carlos ; Santos Redondo, Luis Manuel ; Sanz Bas, David | UCM | 2019-05-24Este proyecto, continuación de uno del curso anterior, tiene por objeto elaborar vídeos y otros recursos online, como cuenta de twitter, facebook, etc, para el desarrollo de un nuevo Master UCM semiprensencial Pensamiento Económico y Empresarial[...]texto impreso
Palacio Vera, Alfonso | Facultad de Ciencias Económicas y Empresariales, Universidad Complutense de Madrid | 2005Conventional explanations of how a growing potential output generates an equi-proportional increase in aggregate demand in the long run usually rely on the real balance effect. Yet this mechanism has a negligible size and an uncertain sign. We p[...]texto impreso
Ayala, Iván H ; Palacio Vera, Alfonso | 2014-10Macroeconomics has been dominated over the last four decades by the Rational Expectations Hypothesis (REH) which implies that economies are inherently stable. REH is a key element of the New Neoclassical Synthesis (NNS) macroeconomic model which[...]texto impreso
Alonso González, Luis Alberto ; Palacio Vera, Alfonso | Facultad de Ciencias Económicas y Empresariales. Decanato | 1999The paper analyses the dynamic behaviour of an economy when the central bank (CB) implements an inflation targeting regime. For this purpose, a simple macroeconomic model is constructed and subjected to formal dynamic analysis. A first result is[...]texto impreso
The literature that addresses the effects on the level of aggregate demand of changes in the degree of monopoly typically assumes away the existence of an “inflation barrier” and an inflationtargeting central bank. The presence of these two inst[...]texto impreso
Popper's 'Situational Analysis' (SA) constitutes his methodological proposal for the social sciences. We claim that the two hallmarks of SA are: (i) that scientists assume they possess a 'wider' view of the problem-situation than actors do, and [...]texto impreso
We provide a formal definition of the “liquidity trap” (LT) according to which, a LT arises if a combination of high precautionary saving, low investment and stringent conditions for access to bank credit stemming from a high degree of liquidity[...]texto impreso
Romer has proposed an alternative macroeconomic framework, i.e., the IS-MP-IA model. Its proponents claim that it constitutes a ‘modern’ view of macroeconomics. We show that the new framework is closely attached to the neoclassical synthesis and[...]texto impreso
We compare the “New Consensus” (NC) in macroeconomics as expounded in Woodford (2003) and the Post-Keynesian (PK) approach regarding the causes of a “liquidity trap” (LT). We argue that in the NC a LT is a phenomenon caused by unusually large tr[...]
