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helps to reduce money market volatility during the financial crisis in Argentina. …
Persistent link: https://www.econbiz.de/10010265886
It has been argued that credit-to-GDP gaps (credit gap) are useful early warning indicators for banking crises. In addition, the Basel Committee on Banking Supervision has also advocated using these gaps - estimated using a one-sided Hodrick-Prescott filter with a smoothing parameter of 400,000...
Persistent link: https://www.econbiz.de/10012208408
This paper examines the costs of recent sovereign defaults using synthetic control methods, a novel econometric technique based on comparative case studies. Evidence on the effects of debt crises is thus presented on a case-by-case basis, uncovering large variations in country-specific...
Persistent link: https://www.econbiz.de/10010286413
This essay is the introduction to the History of Political Economy Annual Supplement on 'Women and Economics: New … Historical Perspectives.' We first reflect on the historiography of economics and the relative absence of women and gender in the … mainstream of the field. Three approaches to the history of women and economics are delineated: making visible women economists …
Persistent link: https://www.econbiz.de/10012886575
This article - designed to give readers unfamiliar with public choice a historical overview and flavor for the kinds of problems considered - is divided into three main sections, "historical origins," the "modern founders of MPE," and a brief description of some "current issues" studied by...
Persistent link: https://www.econbiz.de/10012662302
economics, but also about writing techniques. Their authors know how to build up suspense, i.e., they make readers want to know …
Persistent link: https://www.econbiz.de/10010286377
The role of first principles in economics is examined through the lens of dominant methodological approaches of the … first principles as the basis for deductivist approaches to economics and the widespread belief that economics is an … attempts to define economics and its method from John Stuart Mill's economics as the science of wealth through Lionel Robbins …
Persistent link: https://www.econbiz.de/10011613817
Standard histories of economics usually treat the "marginal revolution" of the midnineteenth century as both … supplanting the "classical" economics of Smith and Ricardo and as advancing the idea of economics as a mathematical science. The … marginalists - especially Jevons and Walras - viewed Cournot's (1838) book on mathematical economics as a seminal work on which …
Persistent link: https://www.econbiz.de/10011761426