Showing 1 - 10 of 13
replaced in the following. The formal point of reference is ‘the integrated approach to credit, money, income, production and …
Persistent link: https://www.econbiz.de/10011258616
The present paper takes it as an indisputable fact that subjective-behavioral thinking leads, for deeper methodological reasons, with inner necessity to inconclusive filibustering about the agents’ economic conduct and therefore has to be replaced by something fundamentally different. The key...
Persistent link: https://www.econbiz.de/10011259277
the pure consumption economy. The geometrical analysis makes the interrelations between income, profit and employment …
Persistent link: https://www.econbiz.de/10011259823
Economists are fond of the physicists’ powerful tools. As a popular mindset Toolism is as old as economics but the transplants failed to produce the same successes as in their aboriginal environment. Economists therefore looked more and more to the math department for inspiration. Now the tide...
Persistent link: https://www.econbiz.de/10011260316
Neither Walrasians nor Keynesians have a clear idea of the fundamental economic concepts income and profit, nor of the …
Persistent link: https://www.econbiz.de/10011260927
This paper attempts to look at the trends in income, money, and prices in Pakistan over the years. In addition, we also … 1970s. However, these expansions can be attributed to phenomenal expansions in prices. Real income, on the other hand …, improved marginally. Real income expanded significantly in the 1960s and remained stable till the 1980s but significantly …
Persistent link: https://www.econbiz.de/10005790412
This study re-examines the causal relations between money and the two variables, i.e., income and prices. Using annual … causal relations between real money and real income, between nominal money and nominal income, and between nominal money and … prices. The analysis indicates, in general, the long run relationship among money, income, and prices. The analysis further …
Persistent link: https://www.econbiz.de/10005835538
This study re-examines the causal relations between money and the two variables, i.e., income and prices. Using annual … causal relations between real money and real income, between nominal money and nominal income, and between nominal money and … prices. The analysis indicates, in general, the long run relationship among money, income, and prices. The analysis further …
Persistent link: https://www.econbiz.de/10005619787
the price hikes in the early 1970s. We investigate the casual relations between real money and real income, between … nominal money and nominal income, and between nominal money and prices using using the annual data set from 1959-60 to 2003 … case of income, the study finds the feed back mechanism of money, which is generally missing in the earlier studies …
Persistent link: https://www.econbiz.de/10005621505
center to the periphery. From elementary systemic properties the relation of income and profit is then consistently derived …
Persistent link: https://www.econbiz.de/10011109627