Showing 1 - 10 of 45,120
Persistent link: https://www.econbiz.de/10003840727
In this paper I evaluate the contribution of financial frictions in explaining the drop in aggregate TFP through misallocation during the Great Recession. I build a quantitative model with heterogeneous establishments; with the help of the model I compute the counterfactual drop in...
Persistent link: https://www.econbiz.de/10012948234
This contribution examines the role of capitalism in anti-American terrorism. Using data for 149 countries between 1970 …, consistent with economic norms theory, higher levels of market-capitalism are associated with less anti-American terrorism …
Persistent link: https://www.econbiz.de/10010375158
We examine the role of market-capitalism in anti-American terrorism, differentiating between level- and rate …-American terrorism. These findings are further corroborated by system-level time-series evidence. We argue that a higher level of market-capitalism … a market economy. These interest groups deliberately target the U.S. as the main proponent of modern capitalism …
Persistent link: https://www.econbiz.de/10010199400
This contribution examines the role of market-capitalism in anti-American terrorism. It differentiates between level … findings, it is argued that a higher level of market-capitalism is associated with less anti-American terrorism by creating ….S. as the main proponent of modern capitalism, globalization and modernity, where anti-American terrorism serves the purpose …
Persistent link: https://www.econbiz.de/10010480534
Capitalism, characterized by private ownership, coordination through markets, and decentralization, is blamed for a … variety of economic, environmental, and social ills. These critiques often confuse capitalism with cronyism, a system of …
Persistent link: https://www.econbiz.de/10013238300
Academics have frequently alluded to the normative value of the religious free market fostered by the twin legal guarantees of the free exercise of religion and the absence of state establishment of religion. This article challenges the idealized portrayal of a religion’s ‘flourish[ing]...
Persistent link: https://www.econbiz.de/10014149450
This synopsis contains excerpts from and novel introductions to the four chapters constituting “FairEconomy. Crises, Culture, Competition and the Role of Law”, a monograph co-authored and published by the late Wolfgang Fikentscher, Philipp Hacker and Rupprecht Podszun in 2013. In honor and...
Persistent link: https://www.econbiz.de/10012993422
the Great Recession, what visions they develop about future development of capitalism and to which extent these different …
Persistent link: https://www.econbiz.de/10010491508
An economic crisis in capitalism is a deep and prolonged interruption of the economy-wide circuit of capital. Crises … emerge from within the logic of capitalism's operation, and are manifestations of the inherently contradictory process of … capital accumulation. The Marxist tradition conceptualizes two types of crisis tendencies in capitalism: a crisis of deficient …
Persistent link: https://www.econbiz.de/10011772045