Showing 1 - 10 of 266,879
After a long period of catch-up growth that began after the Second World War, France has now reached a technological frontier in many sectors of its economy. Why is it then that the French economy ranks so low in various rankings of the world's most innovative economies? Why is it so difficult...
Persistent link: https://www.econbiz.de/10012995219
Four questions arise in the context of economic slowdown and recovery from a slowdown : What is recovery? Recovery from what? How to recover? What is the recovery path? Recovery refers to breaking away from the vicious grip of a crisis, serious economic slowdown or demand recession in...
Persistent link: https://www.econbiz.de/10013309811
Indian economy. Heckscher-Ohlin theory of international trade envisages that a country specialises in the production and … to its factor endowment. The theory, like the classical comparative cost theory, uses static analytical framework. Among … others, an assumption of the theory is that the factor endowment does not change, and therefore, the pattern and composition …
Persistent link: https://www.econbiz.de/10013309891
We analyze the stability of a discrete-time dynamic model with an IS-LM structure. We assume that the Aggregate Supply function is of Lucas type, and the monetary policy rule is of Friedman type. The mechanism of expectations formation is assumed to be of adaptive type (Friedman-Cagan). In its...
Persistent link: https://www.econbiz.de/10014217067
The issue of EDC became increasingly important in the field of development economics primarily because EDC has been occurring more frequent after the deregulation of global financial flows in the 1970s (Tiruneh 2004, Jones 2015) hitting mostly MICs and LICs. Assessing the probability of an EDC...
Persistent link: https://www.econbiz.de/10012946953
The currencies of nations, in their utility as a medium of exchange and store of value, behave variously according to the integrated dynamics of free enterprise, the central bank and government policy. As such, foreign exchange rates fluctuate constantly with consequences for the growth of...
Persistent link: https://www.econbiz.de/10013028341
One reason many college students shun economics is ineffective education. A more systematic way of explanation, with standardization and consistency, would promote learning of economic theories. This paper suggests a new framework for effective economics education. It begins with clear...
Persistent link: https://www.econbiz.de/10013039906
What is the probability of high inflation; how high, when? These questions are important to all investors since even the 2% level to which we are accustomed will cut an investor's portfolio by over 17% during a decade. This 2% level is the target of the Federal Reserve, along with near 0%...
Persistent link: https://www.econbiz.de/10013099903
The current paper experiments with the conception and analytical model of principle components. The analysis utilizes data of Sudan to test the model fitness and data suitability. All the country's economic sectors are used in the analysis which also integrates high, medium and low income strata...
Persistent link: https://www.econbiz.de/10013107226
The volume of profits in an economy is a magnitude, which is out of sight of orthodox macroeconomic textbooks and effectively ignored by neoclassical macroeconomics. In contrast, Kalecki's approach brings to the forefront the sources of profits and makes possible their further analysis. In a...
Persistent link: https://www.econbiz.de/10013074584