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Whence reform? A critique of the Stiglitz perspective

Dabrowski, Marek; Gomulka, Stanislaw; Rostowski, Jacek - London School of Economics (LSE) - 2000

This paper discusses the key hypotheses which Joseph Stiglitz proposed, in his wide-ranging critique of the ''Washington Consensus'', with regard to transition reforms and economic polices in China and Russia. The primary purpose is to evaluate the Stiglitz perspective in the light of empirical...

Persistent link: https://www.econbiz.de/10010746597

A VIABLE GOLD STANDARD REQUIRES FLEXIBLE MONETARY AND FISCAL POLICY

BUITER, W. - London School of Economics (LSE) - 1988

Persistent link: https://www.econbiz.de/10005776302

A model of money with multilateral matching

Galenianos, Manolis; Kircher, Philipp - London School of Economics (LSE) - 2008

heterogeneous agents. The agents have private information about their productivity, preferences, or money holdings. Matching is … in money. In equilibrium, homogeneous buyers hold different amounts of money leading to price dispersion. We find the … closed-form solution for the distribution of money holdings. Entry of sellers is suboptimal except at the Friedman rule …

Persistent link: https://www.econbiz.de/10010745403

The role of money in the transmission mechanism of monetary policy: evidence from Thailand

Sunirand, Pojanart - London School of Economics (LSE) - 2003

Meltzer (2001b) argues that the current trend for downgrading the role of money in standard macro models is erroneous … introducing an explicit role of money in these models. …

Persistent link: https://www.econbiz.de/10010746182

Money, well-being and loss aversion: does an income loss have a greater effect on well-being than an equivalent income gain?

Banks, James; Brown, Gordon D.A.; Boyce, Christopher J.; … - London School of Economics (LSE) - 2014

Higher income is associated with greater well-being, but do income gains and losses impact on well-being differently? Loss aversion, whereby losses loom larger than gains, is typically examined with relation to decisions about anticipated outcomes. Here, using subjective well-being data from...

Persistent link: https://www.econbiz.de/10011126714

Contradictions at work: a critical review

McGovern, Patrick - London School of Economics (LSE) - 2014

their origins in Marxism and purport to explain the essential features of the employment relationship. Using evidence from a …

Persistent link: https://www.econbiz.de/10011126490

Speculation: futures and capitalism in India: opening statement

Bear, Laura; Birla, Ritu; Puri, Stine Simonsen - London School of Economics (LSE) - 2015

Persistent link: https://www.econbiz.de/10011274872

Financing social policy in the presence of informality

Ahmad, Ehtisham; Best, Michael - London School of Economics (LSE) - 2012

formal employment are particularly harmful to labour formality and participation in the modern sector labour force …

Persistent link: https://www.econbiz.de/10011126006

Are firms paying more for performance?

Bryson, Alex; Forth, John; Stokes, Lucy - London School of Economics (LSE) - 2014

of bonus payments in the 2000s. We decompose the share of the total wage bill accounted for by bonuses into the shares of … employment in the PRP and non-PRP sectors, the ratio of base pay between the two sectors, and the gearing of bonus payments to … in the percentage of employment accounted for by PRP firms; if anything it has fallen over the past decade. Furthermore …

Persistent link: https://www.econbiz.de/10011126062

Banks and human rights: the Thun Group and the UN guiding principles on business and human rights

de Felice, Damiano - London School of Economics (LSE) - 2014

The publication of the Thun Group’s discussion paper The Guiding Principles on Business and Human Rights: An Interpretation for Banks represented a critical step on the way to delineate the relationship between the financial sector and human rights: the document lays the foundations for the...

Persistent link: https://www.econbiz.de/10011126414