72 research outputs found
Short period and long period in macroeconomics: an awkward distinction
Abstract: The aim of this paper is to show that the use and meaning of the well-known concepts of short period and long period is often unclear and may be seriously misleading when applied to macroeconomic analysis. Evidence of this confusion emerges through examination of four macroeconomics textbooks and reappraisal of the interpretative debate - which took place mainly in the 1980s and 1990s - aiming at establishing whether Keynesâs General Theory should be considered as a short- or long-period analysis of the aggregate level of production. Having explored some possible explanations for the difficulties in defining and applying these methodological tools at a âmacroâ level, the conclusion is suggested that it would be preferable to abandon this terminology in classifying different aggregate models and simply to make explicit the given factors, independent and dependent variables in each model in use, exactly as Keynes did in Chapter 18 of his major work.
Behavioral Foundations for the Keynesian Consumption Function
This paper has two main goals. The first is to show that behavioral rather than maximizing principles emerge from textual analysis as the microeconomic foundations for Keynesâs Consumption Theory; the second goal is to demonstrate that it is possible to ground a Keynesian-type aggregate Consumption function on the basis of (some of) the principles underlying contemporary behavioral modelsKeynes, Behavioral Economics, Keynesian Theory, Consumption, Hyperbolic Discounting, Mental Accounting
Long-term disease stability with bicalutamide in a man with aggressive angiomyxoma: case report and state of art
Aggressive angiomyxoma (AA) is a rare mesenchymal neoplasm, which is commonly diagnosed in females and located in the perineal and pelvic region. Tissue specimens of AA patients often show positivity for estrogen (ER) and progesterone receptors (PgR), while some cases of androgen receptor (AR) positivity have been reported in males. When feasible, surgical excision represent the most effective treatment of AA; however, when experiencing advanced or recurrent disease, local disease control could be achieved with systemic hormonal treatment. To date, evidence regarding AA management in male patients is scarce, and only a few cases have been reported in literature. Hereby, we describe the case of a 59-year-old-man suffering from perineal AA with positivity for androgen receptors (AR) showing a long-lasting disease stability during the treatment with an AR-blocking drug (bicalutamide). A literature review regarding the state of art of AA management with a particular look to male patients is also provided
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