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Hayek´s Accelerationism: A Rectification

Hauwe, Ludwig van den - EconWPA - 2005

The analogy between Hayekian monetary dynamics and the Friedman/Phelps accelerationist hypothesis is more problematic than some commentators have been prepared to admit.

Persistent link: https://www.econbiz.de/10005076706

Die NAIRU – eine post-keynesianische Interpretation

Hein, Eckhard - EconWPA - 2005

Dem neu-keynesianischen langfristigen Gleichgewichtskonzept einer durch Strukturfaktoren des Arbeitsmarktes, der Lohnverhandlungen und der sozialen Sicherungssysteme bestimmten inflationsstabilen Arbeitslosenquote (NAIRU) wird in diesem Beitrag eine post- keynesianische Interpretation der NAIRU...

Persistent link: https://www.econbiz.de/10005126225

Wage Regimes, Accumulation and Finance Constraints: Keynesian Unemployment Revisited

Saraceno, Francesco - EconWPA - 2003

This paper presents a sequential model suited to analyze transitions between equilibria. Disequilibrium dynamics are obtained from a standard monopolistic competition model, by introducing a sequential structure and reasonable hypotheses about technology, finance constraints, expectation...

Persistent link: https://www.econbiz.de/10005126351

Manufacturing Growth and Liberalisation in India (1960-1999): A Demand Side Analysis

Shastri, Rahul - EconWPA - 2005

The trend in manufacturing has not shifted post-91. Liberalisation shares in the high trend phase in manufacturing, that was ushered in after 1981, which continued even after 1991. Liberalisation however, seems to have changed the structure of demand responses of manufacturing output. In...

Persistent link: https://www.econbiz.de/10005561421

PUBLICATION PERFORMANCE OF ECONOMISTS AND ECONOMICS DEPARTMENTS IN TURKEY (1999-2003)

cokgezen, murat - EconWPA - 2005

This is the first study evaluating publication performances of economists and economics departments in Turkey. Findings … show wide gaps between the Top-Five economics departments and economists affiliated to these universities and the others …. Publication patterns of Turkish economists are the same with their counterparts living in the rest of the world. …

Persistent link: https://www.econbiz.de/10005124928

FINANCIAL INTERMEDIARY IN MONETARY ECONOMICS: AN EXCERPT

Golikov, Demid - EconWPA - 2005

. Recent developments in macroeconomics suggest a role for financial intermediaries. (2) The economics literature, however, has … reading suggests that intermediation is largely missing from economics for methodological reasons. Revival of interest in this …

Persistent link: https://www.econbiz.de/10005126388

Carl Menger’s “Money” and the Current Neoclassical Models of Money

Schmitz, Stefan W. - EconWPA - 2002

The paper analyzes three neoclassical models of money with emphasis on the equilibrium concepts employed. It is argued that the neoclassical theories fail to analyze the emergence of the social institution of money. Instead, they focus on the consistency of individual decisions regarding the...

Persistent link: https://www.econbiz.de/10005126420

The Demand for Stored Value Payment Instruments

Ingo, Pippow; Detlef, Schoder - EconWPA - 2002

Due to their functionality, stored value purses based on smart card technology are prominent candidates for being the dominant medium of exchange for micropayments. However, the overall prospects of these payment systems are yet ambiguous, both from the perspective of practice and monetary...

Persistent link: https://www.econbiz.de/10005134968

RATIONAL EXPECTATIONS AND MONETARY THEORY: AN INVESTIGATIVE PAPER[1960 - 1989]

NWAOBI, DR. GODWIN CHUKWUDUM - EconWPA - 2005

SINCE 1930, EXPECTATIONS HAVE PLAYED AN IMPORTANT ROLE IN ECONOMIC THEORY AND THIS IS BECAUSE ECONOMICS IS GENERALLY … EXPECTATIONS THEORY WILL MAKE A MORE SIGNIFICANT CONTRIBUTION TO ECONOMICS(AND IN PARTICULAR, MONETARY ECONOMICS) IN THE IMPETUS IT …

Persistent link: https://www.econbiz.de/10005412739

Dynamical Elements of the Monetary Theory

Krouglov, Alexei - EconWPA - 2003

Here I depict the dynamics behind the monetary theory and define the differential equations describing the driving forces.

Persistent link: https://www.econbiz.de/10005561301