Showing 1 - 10 of 125
Purpose – The purpose of this paper is to measure the contribution of capital formation, labor, and technological progress to the growth of the Vietnamese economy, the impact of economic reforms (doi moi) since the end of 1986, and the rates of returns to capital and labor....
Persistent link: https://www.econbiz.de/10004977784
Purpose – This paper aims to investigate whether empirical evidence for scale economies can be found across countries and if so, whether this evidence varies across the stage of development. Design/methodology/approach – The paper uses statistical methods to make comparisons between...
Persistent link: https://www.econbiz.de/10005081188
Purpose – This paper aims to develops an estimable hybrid model that combines the micro-founded DSGE model with the flexibility of the atheoretical VAR model. Design/methodology/approach – The model is estimated via the maximum likelihood technique based on quarterly data on real gross...
Persistent link: https://www.econbiz.de/10008675224
This article examines income tax progression as a mechanism for achieving the intertemporal adjustments of earnings profiles. With a rising income profile, the preference for progression arises from the market (borrowing) rate of interest exceeding the rate at which the government borrows. For a...
Persistent link: https://www.econbiz.de/10010814559
Allyn Young's lectures, as recorded by the young Nicholas Kaldor, survey the historical roots of the subject from Aristotle through to the modern neo-classical writers. The focus throughout is on the conditions making for economic progress, with stress on the institutional developments that...
Persistent link: https://www.econbiz.de/10010616629
Purpose – The purpose of this paper is to make a case for an international clearing house. Design/methodology/approach – The systems postulate is used: the whole is greater than the sum of the parts. Specifically, the 2007 Godley-Lavoie model is exploited. Findings – Domestic banking...
Persistent link: https://www.econbiz.de/10010616630
There have been a number of attempts to develop the Keynesian prescription of demand management to current neo-liberal economic strategies. The arguments presented by the “French” regulation school and the “American” flexible specialisation scenario are examined to determine whether they...
Persistent link: https://www.econbiz.de/10010616640
Purpose – This paper aims to evaluate critically the validity of rival theorisations of the hidden economy that variously read this sphere as a leftover from a previous era, a by-product of a new emergent form of capitalism, a complement to formal employment or an alternative to the formal...
Persistent link: https://www.econbiz.de/10010610882
Purpose – Within the area of economics, the value attached to highly-ranked journal publications, such as the American … Economic Review, Journal of Political Economy and Quarterly Journal of Economics, in tenure, promotion, and merit pay processes … larger number of outside readers, perhaps via seminars and conferences. This study aims to examine whether the economics …
Persistent link: https://www.econbiz.de/10004964056
Presents a paper by Lauchlin Currie on the stabilization of purchasing power through the use of public credit which was originally delivered at the American Economic Association Meeting at Chicago Distribution of Purchasing Power and Business Fluctuations Round Table on December 30, 1936.
Persistent link: https://www.econbiz.de/10004964060