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any signs for a crisis of economics. After a short period of public, political and self-criticism of economics and … distinct economists the dominant crisis narratives brought forward in economic, public and political discourses ignore the role …-making processes is dominant among political and societal influential economists in the post WW II-German-speaking area, persists …
Persistent link: https://www.econbiz.de/10011814340
The current crisis is like an earthquake for the theoretical foundations of economic policies, which have guided governments and central banks for the last few decades. The efficient market hypothesis and its application to labor markets –“natural rate theory”- dominated interpretations of...
Persistent link: https://www.econbiz.de/10008651698
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Discrepancies between several South-Eastern European (SEE) countries and Nordic countries are investigated in this paper using an econometric analysis. Its aim is to examine the relationship between CO2 emissions, GDP per capita, urban population (URB) and electricity production from Renewable...
Persistent link: https://www.econbiz.de/10015047696
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The global financial crisis has lead to a renewed interest in discretionary fiscal stimulus. Advocates of discretionary measures emphasize that government spending can stimulate additional private spending the so-called Keynesian multiplier effect. Thus, we investigate whether the discretionary...
Persistent link: https://www.econbiz.de/10003909359
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The global financial crisis has lead to a renewed interest in discretionary fiscal stimulus. Advocates of discretionary measures emphasize that government spending can stimulate additional private spending - the Keynesian multiplier effect. Thus, we investigate whether the spending package...
Persistent link: https://www.econbiz.de/10008728755
With the global crisis, the policy stance around the world has been shaken by massive government and central bank efforts to prevent the meltdown of markets, banks, and the economy. Fiscal packages, in varied sizes, have been adopted throughout the world after years of proclaimed fiscal...
Persistent link: https://www.econbiz.de/10008657988