This note outlines and discusses some of the strands in the post-Keynesian literature on business cycles. Most post-Keynesians have focused on endogenously generated cycles, but the mechanism varies: some focus on the goods market, others on financial markets, the labor market, or political intervention. The merits of formal modeling of the cycles have also come in for debate. 1 A slightly vers...

Abstract We estimate the dynamic causal effects of consumer sentiment shocks in US. identify autonomous changes survey evidence on confidence using fatalities mass shootings as an instrument. find instrument to be significant for aggregate index expectations and also back up identification scheme with micro that exploits geographical variation shootings. Sentiment have real macroeconomic effect...