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Following the global crisis, the stimulus package of 2009-2010, with its huge expansion of credit, marked the end of " Cheap China ", with the underpricing of labor, capital, land, energy and currency, and disproportionally shifted growth in favor of the public sector and real estate, the lion's...
Persistent link: https://www.econbiz.de/10010899566
In this article, we specify the different approaches followed by the economists and the financial economists in order to use chaos theory. We explain the main difference using this theory with other research domains like the mathematics and the physics. Finally, we present tools necessary for...
Persistent link: https://www.econbiz.de/10010738474
In this article, we study popularity functions for the French President and Prime Minister. We show that the responsibility hypothesis is validated for the unemployment rate but not for the inflation rate. We also show that voters have not a behavior compatible with the rational expectations...
Persistent link: https://www.econbiz.de/10010821378
's politics, economy, and society. These movements have several underlying, interacting patterns. The main ones are connected to … regional geopolitics, the fluctuations of the oil economy in the Persian Gulf, and efforts by the kingdom's Hashemite monarchy …
Persistent link: https://www.econbiz.de/10008794173