Showing 1 - 10 of 36
Steve Keen has debunked a good part of standard economics. However, he has left standing the theory of profit. This is unfortunate, because the theory of profit is the pivot of all of theoretical economics. This tightly focused paper clarifies the factual relation of profit and income, which...
Persistent link: https://www.econbiz.de/10011257861
Data from Stability Programs (European Countries) and from Us Congress Budget Office and Us Bureau of Census are collected to investigate the burden each worker will have to bear in the future in order to finance pension and health care provisions. If the private side of the system is based,...
Persistent link: https://www.econbiz.de/10011108591
This paper describes the reasons at the basis of the insufficiency of pay-as-you-go systems to provide resources for financing health care in an ageing society with the low rates of growth that will characterise western industrialised economies during next decades. Intuitive arguments are...
Persistent link: https://www.econbiz.de/10011110379
The scale of PayGo has a maximum level of functioning over which nevative effects prevail over positive ones. This means that, with almost all PayGo possibilities dedicated to pensions and health care (acute and Ltc), little or nothing remains for financing unemployment benefits schemes or other...
Persistent link: https://www.econbiz.de/10011113838
This paper explores the behaviour of knowledge in the short and long term. Knowledge behaves very different in the short term than in the long term. Once we can measure knowledge it is then possible to look at its behaviour, an impossibility if there where no theory formulated to measure...
Persistent link: https://www.econbiz.de/10005837403
This paper aims at comparing French and Californian social businesses' financial structure and their access to equity and equity-like funding. The author finds from the study of an 800-French social businesses sample that these French organizations suffer from a lack of access to this type of...
Persistent link: https://www.econbiz.de/10009294581
Valuation-based market timing demonstrates greater potential to improve risk-adjusted returns for conservative long-term investors than given credit by Fisher and Statman (2006). On a risk-adjusted basis, market-timing strategies provide comparable returns as a 100 percent stocks buy-and-hold...
Persistent link: https://www.econbiz.de/10008866117
development of panel-data models from the nineteenth century to the beginning of the twenty-first one. In the second part, we … describe the models with fixed, random and dynamic effects. In the subsequent parts we describe some trends in the econometric … of the models in certain areas of knowledge (social sciences, economics, international economics, finance, public finance …
Persistent link: https://www.econbiz.de/10011109403
foreign authors mark ways of the group decision making. The group decides by methods, techniques, ways and models. While …
Persistent link: https://www.econbiz.de/10011259879
relationships and associations about the real world. These claims are made through the construction of models – mathematical …, statistical, verbal or a mix of all three. This note examines the methodological issues faced by models in the context of the … Indian economy. It concludes by pointing that out that economists need to be more cautious while using models to intervene in …
Persistent link: https://www.econbiz.de/10008727908