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Macroeconomic Dynamics Online Submission

Barnett, William A.; Spear, Stephen - EconWPA - 2004

This page is forthcoming in the journal, Macroeconomic Dynamics, as an Announcement from the Editor. The page provides …

Persistent link: https://www.econbiz.de/10005076743

Harrod, Hansen and Samuelson on the Multiplier-Acceleration Model. A Further Note

Besomi, Daniele - EconWPA - 2005

Persistent link: https://www.econbiz.de/10005126090

Editorial Policy and Editorial, to appear at the front of the first issue of the new Cambridge University Press journal, Macroeconomic Dynamics.

Barnett, William A. - EconWPA - 1997

This statement outlines the objectives and policies of the new journal, Macroeconomic Dynamics, which is dedicated to …

Persistent link: https://www.econbiz.de/10005126416

Monetary Equilibrium from an Initial State: The Case Without Discounting

Green, Edward J.; Zhou, Ruilin - EconWPA - 1999

This paper studies the existence of single-price price equilibrium from a given initial distribution of money holdings in a search-theoretic model of money where agents have no time preference. The model is similar to the authors' recent models of search economies with no constraints on money...

Persistent link: https://www.econbiz.de/10005561223

Village versus Market Social Capital: An Approach to Development

Kumar, Krishna B.; Matsusaka, John G. - EconWPA - 2004

This paper presents a model of an economy in which traders use social capital to reduce transaction costs. A key assumption is that there are two types of social capital: “village” capital relies on personal networks and repeat play to guarantee contracts; “market” capital relies on...

Persistent link: https://www.econbiz.de/10005118663

Human potential: How knowledge can be measured

Kreft, Hans-Diedrich - EconWPA - 2004

the relation-ships between growth in turnover, stability and effectivity are shown. In conclusion a number of …

Persistent link: https://www.econbiz.de/10005125669

The inflation-productivity trade-off revisited

Bitros, George C.; Panas, Epameinondas E. - EconWPA - 2005

growth and inflation to the specification of the estimating model; second, to test the stability of their relationship in the … cost function, and run the appropriate stability and causality tests. …

Persistent link: https://www.econbiz.de/10005126201

A COINTEGRATION AND ERROR CORRECTION APPROACH TO DEMAND FOR MONEY IN FIJI: 1971-2002

Rao, B Bhaskara; Singh, Rup - EconWPA - 2005

Demand for money is an important macroeconomic relationship. Its stability has implications for the choice of monetary … policy targets. This paper estimates demand for narrow money in Fiji and evaluates its robustness and stability. It is found … that there is a well determined stable demand for money in Fiji, for three decades, from 1971 to 2002 and its dynamics are …

Persistent link: https://www.econbiz.de/10005126361

Keynes’ Metaphor of the Newspaper Competition: A Model

Sanyal, Amal - EconWPA - 2005

Keynes’ General Theory provides an interesting metaphor for asset markets: they are like newspaper competitions where contestants have to pick up the six prettiest faces from a hundred photographs, and the prize would go to one whose choice is closest to the average preferences. Keynes did not...

Persistent link: https://www.econbiz.de/10005126429

Movement of equilibrium of Cournot duopoly and the visualization of bifurcations of its adjustment dynamics

Sonis, Michael; Dridi, Chokri - EconWPA - 2004

dynamics of a 2- player Cournot duopoly, proposed by Puu (1997). We establish admissibility conditions on the initial state of … the adjustment dynamics and visualize the dynamics in the space of orbits. …

Persistent link: https://www.econbiz.de/10005135005