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The Truly General Theory of Employment: How Keynes Could Have Succeeded
Kakarot-Handtke, Egmont - Volkswirtschaftliche Fakultät, … - 2014
There is not much use to attack standard economics because deep in his heart the representative economist long knows that he is tied to a degenerating research program. The problem is, rather, that it seems to be exceedingly difficult to build up a convincing alternative. Keynes, for one, tried...
Persistent link: https://www.econbiz.de/10011259647
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The economic impacts of air transport liberalization
Grancay, Martin - Volkswirtschaftliche Fakultät, … - 2009
liberalization multiplier, market saturation and the degree of liberalization of other sectors. Airlines profit from increased …
Persistent link: https://www.econbiz.de/10005078688
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Econometric Models of Relationship among Money, Output and Prices
Das, Rituparna - Volkswirtschaftliche Fakultät, … - 2010
This paper discusses the econometric models and tools like Granger causality and VAR discussed in ascertaining the relationship between money, output and prices. It found that Jha et al (2002) and Ahmed (2003) employed a VAR model accompanied by ECM and Johansen-Juselius procedure; others like...
Persistent link: https://www.econbiz.de/10008595617
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Determination of Money Supply in India: The Great Debate
Das, Rituparna - Volkswirtschaftliche Fakultät, … - 2010
structural approach and money multiplier approach; the former focused on individual items in the balance sheet of the … stock and reserve money; the money multiplier approach emerged strongly as a critic to the balance sheet approach; between … believed in the money multiplier theory, the other group of RBI economists, who were not accepting this theory; the debate gave …
Persistent link: https://www.econbiz.de/10008595621
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Multiplier product matrix analysis for interregional input-output systems: an application to the Brazilian economy
Guilhoto, Joaquim José Martins; Sonis, Michael; … - Volkswirtschaftliche Fakultät, … - 1999
multiplier product matrix (Sonis et al., 1997) and Sonis and Hewings (1999), the hierarchical decomposition proposed exploits the …
Persistent link: https://www.econbiz.de/10011109015
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SAM Multiplier and its Application to Total Poverty Gap
durongkaveroj, wannaphong - Volkswirtschaftliche Fakultät, … - 2014
The purpose of this study was to present an application of SAM multiplier to Total Poverty Gap using simulation and …
Persistent link: https://www.econbiz.de/10011110776
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Keynes’s employment function and the gratuitous Phillips curve disaster
Kakarot-Handtke, Egmont - Volkswirtschaftliche Fakultät, … - 2012
Keynes had a lot of plausible things to say about unemployment and its causes. His ‘mercurial mind’, though, relied on intuition which means that he could not prove his diverse opinions convincingly. This explains why Keynes’s ideas immediately invited bastardizations. One of them, the...
Persistent link: https://www.econbiz.de/10011257999
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Education, Signaling, and Wage Inequality in a Dynamic Economy
Yuki, Kazuhiro - Volkswirtschaftliche Fakultät, … - 2009
Many empirical works suggest that education has a positive effect on earnings not only because it raises human capital but also because it functions as a signal when employers have incomplete information on employees' skills. The signaling role could have important consequences on the dynamics...
Persistent link: https://www.econbiz.de/10005105898
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户籍管制、信贷约束与农村留守子女教育投资
YU, Yanjiong - Volkswirtschaftliche Fakultät, … - 2007
This paper resolves the impacts of the deregulation of the household registration on the economic condition and the educational investment decision of the family into two parts: one part improves family members to adjust the allocation of time, thus increasing the family income; and the other...
Persistent link: https://www.econbiz.de/10008578274
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On the demand pressure hypothesis in option markets: the case of a redundant option
Bennour, Khaled - Volkswirtschaftliche Fakultät, … - 2011
Gârleanu et al. (RFS 2009) show that a demand pressure phenomenon exists in option markets due to limit to arbitrage. They assert that if arbitrage is perfect, option demand does not impact option price. In this note we show that there is a positive relation between the demand for a redundant...
Persistent link: https://www.econbiz.de/10011113296