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Le Policy mix de la zone UEMOA garantit-il la Stabilité Intérieure et la Croissance ?
Combey, Adama - Volkswirtschaftliche Fakultät, … - 2014
A policy mix characterized by a monetary policy whose main objective is price stability and fiscal policy under fiscal discipline can he permit to keep prices and production levels of social optimum to sustain economic growth ? In this paper, an index of the policy mix is ​​built for...
Persistent link: https://www.econbiz.de/10011258948
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"The European Central Bank and Why Things Are the Way They Are: A Historic Monetary Policy Pivot Point and Moment of (Relative) Clarity"
Dubois, Robert - Levy Economics Institute - 2012
struggling to escape liquidity quicksands and stubbornly low or negative growth and employment trends. At the center of the … monetary policy pivot point. Since November 2011, the ECB has taken on an arguably activist liquidity-provider role relative to … integration. In December 2011, the ECB made clear its intention to inject massive liquidity when faced with crises of scale in …
Persistent link: https://www.econbiz.de/10009652087
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National Accounts in Value Terms: The Social Wage and Profit Rate in Britain 1950-1986
Freeman, Alan - Volkswirtschaftliche Fakultät, … - 1991
This paper reproduces, for archival purposes, chapter 5, of the same name, which appeared in Dunne (1991). It represents one of the first systematic attempts that I know of, to present complete ‘Value National Accounts’, that is to say, accounts presenting social reproduction in terms of the...
Persistent link: https://www.econbiz.de/10011260853
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What happens in recessions? A value-theoretic approach to Liquidity Preference
Freeman, Alan - Volkswirtschaftliche Fakultät, … - 1998
-theoretic treatment of liquidity preference in axiomatic form, based on a temporal analysis. It discusses why temporal analysis is …
Persistent link: https://www.econbiz.de/10005790140
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What happens in crashes? a non-equilibrium, value-theoretic approach to liquidity preference
Freeman, Alan - Volkswirtschaftliche Fakultät, … - 1998
business cycle and suggests that they may also account for the phenomenon of liquidity preference. It suggests that the concept … of liquidity preference constitutes a potential common ground between value-theoretic and post-Keynesian schools of …
Persistent link: https://www.econbiz.de/10005836022
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The Emperor's Tailor: The Economists and the Crash of ‘98
Freeman, Alan - Volkswirtschaftliche Fakultät, … - 1999
The paper examines the the profession of economics in the light of its disarray in the face of the financial crash of 1998 We subject the profession to a theoretical and historical enquiry, examining both its reaction to the empirical facts of its failures, and the manner in which its...
Persistent link: https://www.econbiz.de/10005836327
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Time, the value of money and the quantification of value
Freeman, Alan - Volkswirtschaftliche Fakultät, … - 1998
This paper establishes, and illustrates for the case of the UK, a temporal method for calculating the labour values of outputs from any process or sector of a market economy. It exhibits the temporal calculation of the Monetary Equivalent of Labour Time (MELT), the general ratio between monetary...
Persistent link: https://www.econbiz.de/10005836395
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"Money in Finance"
Wray, L. Randall - Levy Economics Institute - 2011
such as liquidity and saving are explored. We conclude with a look at some of the new innovations in finance, and at the …
Persistent link: https://www.econbiz.de/10008854453
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Why Quantitative Marxism?
Freeman, Alan - Volkswirtschaftliche Fakultät, … - 1991
This paper was presented at a special conference of the Conference of Socialist Economists (CSE, publishers of Capital and Class) in 1987, on the topic of Quantitative Marxism. This eventually gave rise to an edited collection (Dunne 1992) in which this paper was developed (Freeman 1992) into a...
Persistent link: https://www.econbiz.de/10011257843
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"Economic Policy in India: For Economic Stimulus, or for Austerity and Volatility?"
Sen, Sunanda; DasGupta, Zico - Levy Economics Institute - 2014
The implementation of economic reforms under new economic policies in India was associated with a paradigmatic shift in monetary and fiscal policy. While monetary policies were solely aimed at "price stability" in the neoliberal regime, fiscal policies were characterized by the objective of...
Persistent link: https://www.econbiz.de/10010862118