Showing 1 - 6 of 6
institutions that define any economic system. Within society, people are perceptive to a system of general rules that provides … incentives and constraints for human behavior. Institutions' and human action's mutuality, and also its economic and political … implications, explain the essential importance of institutions in economic science and the institutional approach viability. …
Persistent link: https://www.econbiz.de/10005087792
The role played by endogenous growth models in growth literature might be analyzed from two perspectives. In the first place, is it emphasized the necessity to replace the hypothesis of perfect competition with monopolistic competition in every mathematical model. Secondly, there is no...
Persistent link: https://www.econbiz.de/10005087811
The study and comprehension of institutions – viewed as written and unwritten constraints (rules) initiated by people … economies and societies. The framework inspired by institutions to which people dedicated maximum energy and talent also …
Persistent link: https://www.econbiz.de/10005154481
This article is expressing the authors’ point of view as regards the economic and social evolution of Romania during 2005. After highlighting the basic elements of the general frame to consider for Romania in 2005, the article develops the analysis by the main sectors of activity. The Gross...
Persistent link: https://www.econbiz.de/10005154619
The decline of the working places – a XXI century drama? And if so, why that? Then, in what respect do we speak about reasoning regarding a prolonged economic environment that might be disregarded and in what respect do we have in view structural reasoning concerning technologies? This is the...
Persistent link: https://www.econbiz.de/10005099782
unemployment rate; the interaction between the inflation rate and the unemployment rate; the connection between the GDP growth rate …
Persistent link: https://www.econbiz.de/10005099805