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Using data on UK manufacturing firms, we examine the effects of exchange rate uncertainty on firm decisions on export market entry and export intensity. The use of micro data and new measures of exchange rate uncertainty enable us to test for hysteresis effects in a new way and to test the...
Persistent link: https://www.econbiz.de/10013157816
Joan Robinson had no idea about what Keynes was talking about in the General Theory with respect to (a) Keynes …, underemployment, involuntary unemployment), his Liquidity Preference Theory based on his equation on p.199 of the General Theory, his … uncertainty in the General Theory to support his Liquidity preference theory of the rate of interest which Keynes modelled in his …
Persistent link: https://www.econbiz.de/10012909585
Delivered at Oxford by a Cambridge Economist”. It represents a total, direct attack on J. M. Keynes and the General Theory. Joan … Theory rests completely on the type of rationale contained in a 1983 Journal of Economic Literature article by Gram –Walsh …, where they express their belief that, since she worked directly with Keynes on the writing of the General Theory, then she …
Persistent link: https://www.econbiz.de/10012944818
along with Robinson because he was involved in a 54 year old relationship with Joan Robinson. Keynes taught Kahn the theory …
Persistent link: https://www.econbiz.de/10012823476
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