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other scientific fields like medicine or logistics.In economics this tool is quite new, and in monetary theory to this … Computersimulation, welche im Gebiet der Geldtheorie anzusiedeln ist. Agentenbasierte Computersimulationen sind innovative Werkzeuge, die … Transmissionsmechanismus knüpft an die Arbeiten Knut Wicksells im Bereich der Geldtheorie an. Darüber hinaus beinhaltet das Modell viele …
Persistent link: https://www.econbiz.de/10009433699
The purpose of this thesis is to argue that the core of a monetary economy is a network of triangular contracts between banks, firms, workers and capital goods suppliers. Not only does this network give rise to the creation and valuation of money but it is the organising feature of modern...
Persistent link: https://www.econbiz.de/10009465939
the fields of financial economics and macroeconomics. The first essay deals with the proper specification of investors …
Persistent link: https://www.econbiz.de/10009467089
The basic machines of macroeconomics. Ramsey, Solow, Samuelson-Diamond, RBCs, ISLM, Mundell-Fleming, Fischer-Taylor. How they work, what shortcuts they take, and how they can be used. Half-term subject. From the course home page: Course Description This is the second course in the four-quarter...
Persistent link: https://www.econbiz.de/10009433264
losses have disproportionately negative impact on local communities. Economists generally argue that free and unimpeded …
Persistent link: https://www.econbiz.de/10009475015
Europe, USA and also from the global rankings of universities and departments of economics to argue that rankings of … universities do not statistically explain the rankings of economics departments. Therefore, in order to foster competition and … departments of economics in New South Wales of Australia that homes some of World's Top 100 Universities. …
Persistent link: https://www.econbiz.de/10009482131
It is somewhat common for heterodox economists to come to the defense of neoclassical microeconomic theory. This is due … to many reasons, but perhaps the commonest one is ignorance. It seems that most heterodox economists are not aware of the …
Persistent link: https://www.econbiz.de/10009482282
Volkswirtschaftliche Modelle werden heute häufig als mikro-fundierte dynamische Optimierungsmodelle konstruiert. Dabei wird meist ein repräsentativer Agent mit rationalen Erwartungen betrachtet. Durch adaptive Lernalgorithmen können rationale Erwartungen als Ergebnis von optimierendem...
Persistent link: https://www.econbiz.de/10009454934
), Symbiosis of Monetary and Fiscal Policies in a Monetary Union, Journal of International Economics, vol. 60 no. 2, pp. 235 …
Persistent link: https://www.econbiz.de/10009433688
The paper seeks to quantify the effects of macro development and fiscal indicators on the agriculturalproducer support in the OECD countries during the period 1986-2009. The study is complementaryto the body of microeconomic research that highlights the importance of support toagriculture...
Persistent link: https://www.econbiz.de/10009442284