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Record W4226341553 · doi:10.1093/cpe/bzac017

Post-Keynesian Monetary Theory: Selected Essays

2022· article· en· W4226341553 on OpenAlexaboutno aff
Sergio Cesaratto

Bibliographic record

VenueContributions to Political Economy · 2022
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicEconomic Theory and Policy
Canadian institutionsnot available
Fundersnot available
KeywordsEconomicsKeynesian economicsMonetary theoryPost-Keynesian economicsMonetary policyGeneral theoryFinancial crisisNew Keynesian economicsPositive economicsMacroeconomicsNeoclassical economics

Abstract

fetched live from OpenAlex

Marc Lavoie’s collection of essays on Post-Keynesian monetary analysis, edited by Louis Rochon, testifies both to the advances that heterodox theory has made over the last 30–35 years and the original contribution that the Canadian economist has made. The collection consists of 20 essays from 1984 to 2018, which are divided into 6 sections. Topics covered include Post-Keynesian advances and controversies in endogenous money theory (sometimes in the form of useful surveys), the evolution of monetary policy instruments up to the global financial crisis, the evaluation of Modern Money Theory (MMT), and the European crisis. The initial papers comprise a couple of Lavoie’s earliest writings in which one can nevertheless perceive the enduring freshness with which he picked up and developed the theory of endogenous money. Many of the essays in the collection can indeed be seen as a confirmation and development of the monetary analysis already outlined in 1984 in the first essay of the collection:

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.001
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow), Insufficient payload (model declined to judge)
Consensus categoriesInsufficient payload (model declined to judge)
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.855
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.001
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0000.000
Science and technology studies0.0010.000
Scholarly communication0.0000.000
Open science0.0010.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0100.004

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.010
GPT teacher head0.230
Teacher spread0.220 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; both teacher heads agree on what is shown here.

Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2022
Admission routes1
Has abstractyes

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