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Department of Business and Management



By seeking inspiration from the writings of John Maynard Keynes and others, we aim to study various aspects of macroeconomic methodology, macroeconomic theory and economic policy in order to get a better understanding of how economic activities unfold themselves in a modern monetary macroeconomic context.

Research projects of MaMTEP at present:

  • The Economic Crisis of the EMU
  • Macroeconomics and ontology – some methodological aspects
  • Methodology of Economics
  • The economics of Paul Davidson
  • The principle of effective demand as a macroeconomic model
  • The Lucas critique and Post Keynesianism
  • Time in Keynesian Economics
  • Ivar Nørgaard, the economist
  • Stagnation in Denmark
  • Using the PBL approach in teaching economics
  • Foundations of Money
  • Review of SFC modelling
  • Analysis of household debt in Denmark using the SFC modelling approach
  • Macroeconomic effects of unemployment benefits in small open economies: A Stock-Flow-Consistent approach
  • Macroeconomic effects of unemployment benefits: A Panel VAR approach
  • The Methodology of PK-SFC approach
  • Agricultural sector in a SFC-approach
  • SFC-model for Iceland
  • An empirical SFC-model for Denmark
  • Unconventional monetary policy
  • Housing sentiment
  • Commodity prices
  • The yield curve and the macro economy
  • International House prices
  • International capital mobility
  • Capital controls and financial crisis in Iceland
  • Capital inflows, crises and recovery
  • UK financial markets


In the years to come the strategy of MaMTEP will be primarily to focus on various aspects of Post Keynesian economics, financial economics, the SFC modelling approach and economic methodology as indicated by the list of current research Projects.

Contact MaMTEP

For more information you are welcome to contact:


Finn Olesen
Mail: finn@business.aau.dk
Phone: 45 9940 2704

Working Paper Series

Are you interested in knowing more about the research that MAMTEP conducts and which papers, they have published?

View the MaMTEP working papers

Research seminars

Find information about past MaMTEP research seminars.


Read more about the seminars