IDEAS home Printed from https://ideas.repec.org/a/sae/reorpe/v49y2017i4p567-573.html
   My bibliography  Save this article

Gendering Post-Keynesian Monetary Macroeconomics With Situated Knowledge

Author

Listed:
  • Brenda Spotton Visano

Abstract

This paper suggests that the conception of fundamental uncertainty grounding post-Keynesian monetary macroeconomics is consistent with a particularly complex type of decision making characterized by the social determination of preferences and outcomes. Contrary to the argument that positivism grounds post-Keynesian analysis, such a framework of analysis reflects a world in which knowledge is situated. As a practical consideration, this paper considers briefly the implications for a gendered theory of financial instability in a Post-Keynesian monetary framework.

Suggested Citation

  • Brenda Spotton Visano, 2017. "Gendering Post-Keynesian Monetary Macroeconomics With Situated Knowledge," Review of Radical Political Economics, Union for Radical Political Economics, vol. 49(4), pages 567-573, December.
  • Handle: RePEc:sae:reorpe:v:49:y:2017:i:4:p:567-573
    DOI: 10.1177/0486613417703661
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0486613417703661
    Download Restriction: no

    File URL: https://libkey.io/10.1177/0486613417703661?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Sakiko Fukuda-Parr & James Heintz & Stephanie Seguino, 2013. "Critical Perspectives on Financial and Economic Crises: Heterodox Macroeconomics Meets Feminist Economics," Feminist Economics, Taylor & Francis Journals, vol. 19(3), pages 4-31, July.
    2. Stephanie Seguino, 2012. "Macroeconomics, Human Development, and Distribution," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 13(1), pages 59-81, February.
    3. Esther Duflo & Emmanuel Saez, 2003. "The Role of Information and Social Interactions in Retirement Plan Decisions: Evidence from a Randomized Experiment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 118(3), pages 815-842.
    4. Jing Cai & Alain De Janvry & Elisabeth Sadoulet, 2015. "Social Networks and the Decision to Insure," American Economic Journal: Applied Economics, American Economic Association, vol. 7(2), pages 81-108, April.
    5. Siobhan Austen & Therese Jefferson, 2010. "Feminist and post-Keynesian economics: challenges and opportunities," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 34(6), pages 1109-1122.
    6. Almlund, Mathilde & Duckworth, Angela Lee & Heckman, James & Kautz, Tim, 2011. "Personality Psychology and Economics," Handbook of the Economics of Education, in: Erik Hanushek & Stephen Machin & Ludger Woessmann (ed.), Handbook of the Economics of Education, edition 1, volume 4, chapter 0, pages 1-181, Elsevier.
    7. Elitok, Secil Pacaci & Straubhaar, Thomas, 2010. "The Turkish economy after the global economic crisis," HWWI Policy Papers 3-10, Hamburg Institute of International Economics (HWWI).
    8. Andrew E. Clark & Paul Frijters & Michael A. Shields, 2008. "Relative Income, Happiness, and Utility: An Explanation for the Easterlin Paradox and Other Puzzles," Journal of Economic Literature, American Economic Association, vol. 46(1), pages 95-144, March.
    9. Julie A. Nelson, 2015. "Are Women Really More Risk-Averse Than Men? A Re-Analysis Of The Literature Using Expanded Methods," Journal of Economic Surveys, Wiley Blackwell, vol. 29(3), pages 566-585, July.
    10. Sandra Harding, 1999. "The Case For Strategic Realism: A Response To Lawson," Feminist Economics, Taylor & Francis Journals, vol. 5(3), pages 127-133.
    11. Samuels, Warren J, 1995. "The Present State of Institutional Economics," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 19(4), pages 569-590, August.
    12. Heckman, James J., 2011. "Integrating Personality Psychology into Economics," IZA Discussion Papers 5950, Institute of Labor Economics (IZA).
    13. Julie A. Nelson, 2013. "'Would women leaders have prevented the global financial crisis?' Teaching critical thinking by questioning a question," International Journal of Pluralism and Economics Education, Inderscience Enterprises Ltd, vol. 4(2), pages 192-209.
    14. Easterlin, Richard A., 1974. "Does Economic Growth Improve the Human Lot? Some Empirical Evidence," MPRA Paper 111773, University Library of Munich, Germany.
    15. Philip Arestis & Robert A. Blecker & Marica Frangakis & Marc Lavoie, 2009. "Special Symposium on "Financial instability and crisis"," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 6(2), pages 174-202.
    16. Elizabeth Whitaker & Janet Bokemeiner & Scott Loveridge, 2013. "Interactional Associations of Gender on Savings Behavior: Showing Gender’s Continued Influence on Economic Action," Journal of Family and Economic Issues, Springer, vol. 34(1), pages 105-119, March.
    17. Dolan, Paul & Peasgood, Tessa & White, Mathew, 2008. "Do we really know what makes us happy A review of the economic literature on the factors associated with subjective well-being," Journal of Economic Psychology, Elsevier, vol. 29(1), pages 94-122, February.
    18. Mario Seccareccia, 2012. "Financialization and the transformation of commercial banking: understanding the recent Canadian experience before and during the international financial crisis," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 35(2), pages 277-300.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zuazu-Bermejo, Izaskun, 2024. "Reviewing feminist macroeconomics for the XXI century," ifso working paper series 30, University of Duisburg-Essen, Institute for Socioeconomics (ifso).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Proto, Eugenio & Rustichini, Aldo, 2015. "Life satisfaction, income and personality," Journal of Economic Psychology, Elsevier, vol. 48(C), pages 17-32.
    2. Montizaan, Raymond M. & Vendrik, Maarten C.M., 2014. "Misery Loves Company: Exogenous shocks in retirement expectations and social comparison effects on subjective well-being," Journal of Economic Behavior & Organization, Elsevier, vol. 97(C), pages 1-26.
    3. Luciana Méndez, 2020. "So Dissatisfied to Leave? The Role of Perceptions, Expectations and Beliefs on Youths’ Intention to Migrate: Evidence from a Developing Country," Journal of Happiness Studies, Springer, vol. 21(8), pages 2981-3006, December.
    4. Akay, Alpaslan & Martinsson, Peter, 2011. "Does relative income matter for the very poor? Evidence from rural Ethiopia," Economics Letters, Elsevier, vol. 110(3), pages 213-215, March.
    5. Hajdu, Tamás & Hajdu, Gábor, 2011. "A hasznosság és a relatív jövedelem kapcsolatának vizsgálata magyar adatok segítségével [Examining the relation of utility and relative income using Hungarian data]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 56-73.
    6. Ekaterina Oparina & Sorawoot Srisuma, 2022. "Analyzing Subjective Well-Being Data with Misclassification," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 40(2), pages 730-743, April.
    7. Rubén Arrondo & Ana Cárcaba & Eduardo González, 2021. "Drivers of Subjective Well-being in Spain: Are There Gender Differences?," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 16(5), pages 2131-2154, October.
    8. Peter Kuhn & Peter Kooreman & Adriaan Soetevent & Arie Kapteyn, 2011. "The Effects of Lottery Prizes on Winners and Their Neighbors: Evidence from the Dutch Postcode Lottery," American Economic Review, American Economic Association, vol. 101(5), pages 2226-2247, August.
    9. Barrington-Leigh, C.P., 2024. "The econometrics of happiness: Are we underestimating the returns to education and income?," Journal of Public Economics, Elsevier, vol. 230(C).
    10. Blanchflower, David G. & Oswald, Andrew J., 2011. "Antidepressants and Age," IZA Discussion Papers 5785, Institute of Labor Economics (IZA).
    11. Umakrishnan Kollamparambil, 2021. "Socio-Economic Inequality of Wellbeing: A Comparison of Switzerland and South Africa," Journal of Happiness Studies, Springer, vol. 22(2), pages 555-574, February.
    12. Zhiming Cheng & Haining Wang & Russell Smyth, 2014. "Happiness and job satisfaction in urban China: A comparative study of two generations of migrants and urban locals," Urban Studies, Urban Studies Journal Limited, vol. 51(10), pages 2160-2184, August.
    13. Marta Portela & Isabel Neira & Maria del Salinas-Jiménez, 2013. "Social Capital and Subjective Wellbeing in Europe: A New Approach on Social Capital," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 114(2), pages 493-511, November.
    14. Köke, Sonja & Perino, Grischa, 2017. "For "better" or "worse": a direct approach to elicit preference rankings from life-satisfaction data," WiSo-HH Working Paper Series 43, University of Hamburg, Faculty of Business, Economics and Social Sciences, WISO Research Laboratory.
    15. Ingrid Nielsen & Olga Paritski & Russell Smyth, 2010. "Subjective Well-Being of Beijing Taxi Drivers," Journal of Happiness Studies, Springer, vol. 11(6), pages 721-733, December.
    16. Brown, Sarah & Gray, Daniel, 2016. "Household finances and well-being in Australia: An empirical analysis of comparison effects," Journal of Economic Psychology, Elsevier, vol. 53(C), pages 17-36.
    17. Kopmann, Angela & Rehdanz, Katrin, 2013. "A human well-being approach for assessing the value of natural land areas," Ecological Economics, Elsevier, vol. 93(C), pages 20-33.
    18. Martí­n Leites & Xavier Ramos, 2017. "The effect of relative concern on life satisfaction: Relative deprivation and loss aversion," Documentos de Trabajo (working papers) 17-18, Instituto de Economía - IECON.
    19. Asena Caner, 2016. "Happiness and Life Satisfaction in Turkey in Recent Years," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 127(1), pages 361-399, May.
    20. Eugenio Proto & Aldo Rustichini, 2012. "Life Satisfaction, Household Income and Personality Theory," SOEPpapers on Multidisciplinary Panel Data Research 453, DIW Berlin, The German Socio-Economic Panel (SOEP).

    More about this item

    Keywords

    post-Keynesian monetary economics; gender; financial crises;
    All these keywords.

    JEL classification:

    • B5 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • G01 - Financial Economics - - General - - - Financial Crises

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:reorpe:v:49:y:2017:i:4:p:567-573. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.urpe.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.