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The Resurgence of Keynesian Macroeconomics

This research project elaborates an original model of Keynesian demand-led growth and communicates Keynesian macroeconomic insights to a broad and diverse audience.

The Keynesian demand-led growth model emphasizes short-run demand instability and the nature of the institutional framework, in particular the financial system, to explain how short-run unstable macroeconomic dynamics are contained. Current discourse about macroeconomics in the press and among policymakers suffers from a poor understanding of more nuanced Keynesian theory and the evidence that supports it. To address this gap, this project includes the development of a new, internet-based resource designed as a reference for non-specialists who want to improve their understanding of Keynesian principles.