3 ms·
No, it isn't (as viburnum explains, you might have confused it with new-keynesian). Look what Steve Keen does with his Minsky program - that's decidedly not jus
by js8 7y ago
No, it isn't (as viburnum explains, you might have confused it with new-keynesian). Look what Steve Keen does with his Minsky program - that's decidedly not just DSGE flavor, it's a fully dynamic model.
I would say distinguishing features of post-keynesian approach are fully dynamical modelling and treating uncertainty differently from risk. Both features go back to Keynes.