Estimados Académicos y Académicas FEN,

Les extendemos la invitación al seminario que organiza el Departamento de Economía, en el que se presentará el trabajo titulado "Post-Keynesian growth: A neoclassical interpretation".

Expone: Alejandro Gonzalez, ex alumno de la FEN y actual estudiante del doctorado en Economía en Washington University in St. Louis.

Abstract: Post-Keynesian economists have argued for decades that capitalist economies are prone to inefficient underutilization of resources due to insufficient aggregate demand, even in the long-run. Their models, however, are usually reduced form and lack optimizing agents, which raises the question of whether inefficient outcomes are the result of agents following ad-hoc rules of behavior. This paper develops a simple, fully micro-founded general equilibrium growth model with an equilibrium that exhibits the main features of Post-Keynesian economics: the growth rate can be too low and the unemployment rate too high due to insufficient aggregate demand. In contrast to the standard New Keynesian model, prices and wages are fully flexible.

El formato será presencial y el seminario se desarrollará en la Sala P-302.

Saludos cordiales,

Dirección de Investigación