Mit dem risikowirtschaftlichen Modell verfolgen die Autoren das Ziel, den gesamtwirtschaftlichen Zusammenhang zwischen Unternehmensfinanzierung, Kapitalstockbildung, Einkommensbildung und Beschäftigung herauszuarbeiten. Ausgehend von der Frage, unter welchen Bedingungen die Kapitalstruktur...

The complexity of credit-money is conceived as the central issue in the banking-macro nexus, which the authors consider as a structural as well as process component of the evolving economy. This nexus is significant for the stability as well as the fragility of the economic system, because it...

v. 1A. Business cycle fluctuations in US macroeconomic time series / James H. Stock and Mark W. Watson -- Monetary policy shocks : what have we learned and to what end? / Lawrence J. Christiano, Martin Eichenbaum and Charles L. Evans -- Monetary policy regimes and economic performance : the...

v. 1A. Business cycle fluctuations in US macroeconomic time series / James H. Stock and Mark W. Watson -- Monetary policy shocks : what have we learned and to what end? / Lawrence J. Christiano, Martin Eichenbaum and Charles L. Evans -- Monetary policy regimes and economic performance : the...

R. G. Hawtrey, like J. M. Keynes, was a Cambridge graduate in mathematics, an Apostle, influenced by the Cambridge philosopher G. E. Moore, and connected to the Bloomsbury Group. Though eventually overshadowed by Keynes, Hawtrey, after publishing Currency and Credit in 1919, was in the front...