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money. In this context, they highlight the relevance of Abba Lerner's famous dictum, 'money is a creature of the State'. The …
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high priority needs in the life, and smaller needs can be subsequent, for progressive happiness. Money cannot bring …
Persistent link: https://www.econbiz.de/10005408439
In Finance, Investment and Macroeconomics, Myron J. Gordon advances a theory of finance and investment under … established that both the short-run and long-run performance of a capitalist system depend upon investment, but he failed to … arrive at an alternative to the neoclassical theory of investment. Professor Gordon demonstrates that the extension of …
Persistent link: https://www.econbiz.de/10014473927
, consumption and saving, the causes of the global financial crisis, economic growth and happiness and income distribution and the …), 'Money wage dynamics and labor-market equilibrium', Journal of Political Economy, 76 (4, Part 2): Issues in monetary research … and Unemployment', Quarterly Journal of Economics, CV (2), May, 255-83 -- Truman F. Bewley (1995), 'A Depressed Labor …
Persistent link: https://www.econbiz.de/10011852162
Dino Falaschetti and Michael Orlando unify the treatment of the many deeply related topics in money and banking in this … and financial services, as well as related governance mechanisms, influence economic performance. In this manner, Money …Modeling -- Foundation -- A model economy -- What is money? -- Money and the level of economic well-being -- Money in a …
Persistent link: https://www.econbiz.de/10011851385
Money and credit are key themes of Allan H. Meltzer's ground-breaking work which is celebrated in this outstanding … collection of his essays and papers. Money, Credit and Policy covers the demand for money, the relation of money to output, the …. Focusing on the relations between money and credit, and in turn their relationship to output, prices and inflation, this volume …
Persistent link: https://www.econbiz.de/10014473936
economic models -- 4. Investment : liquid real capital versus liquid assets -- 5. Why liquidity preference? -- 6. Financial … markets, liquidity and fast exits -- 7. Planned investment, planned savings, liquidity and economic growth -- 8. Complicating … the picture : money and international liquidity -- 9. Trade imbalances and international payments -- 10. International …
Persistent link: https://www.econbiz.de/10011851209
of the Combrain will be to identify,plan&derive implementation methods for Basic Needs;Domestic Investment …
Persistent link: https://www.econbiz.de/10005118844
. Using this model, I demonstrate how a positive investment-saving correlation can arise in a world with endogenous fiscal … capital mobility. This implies that the observed investment- saving comovement is not necessarily due to imperfect capital … mobility. The model has a testable implication: it predicts a lack of Granger causality from private saving to private …
Persistent link: https://www.econbiz.de/10005119430