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Forecasting the South African economy: a hybrid-DSGE approach

Guangling “Dave” Liu; Gupta, Rangan; Schaling, Eric - In: Journal of Economic Studies 37 (2010) May, pp. 181-195

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

The Choice of Income Tax Progression

Creedy, John - In: Journal of Economic Studies 17 (1990) 6, pp. 5-13

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

Nicholas Kaldor’s Notes on Allyn Young’s LSE Lectures 1927-29

Sandilands, Roger J. - In: Journal of Economic Studies 17 (1990) 3/4

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

For an international clearing union

Correa, Romar - In: Journal of Economic Studies 39 (2012) 4, pp. 398-409

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

The Political Economy of the Regulation School and the Flexible Specialisation Scenario

Teague, Paul - In: Journal of Economic Studies 17 (1990) 5, pp. 32-54

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

Beyond competing theories of the hidden economy: Some lessons from Moscow

Williams, Colin C.; Round, John - In: Journal of Economic Studies 38 (2011) May, pp. 171-185

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

Contribution, attribution and the assignment of intellectual property rights in economics

Jr, Franklin G. Mixon; Sawyer, W. Charles - In: Journal of Economic Studies 32 (2005) October, pp. 382-386

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

Stabilization of purchasing power through the use of public credit[1]: American Economic Association Meeting at Chicago Distribution of Purchasing Power and Business Fluctuations R...

Currie, Lauchlin - In: Journal of Economic Studies 31 (2004) September, pp. 313-320

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

Some monetary aspects of the excess reserves problem: Notes on board staff meeting, May 18, 1936

Currie, Lauchlin - In: Journal of Economic Studies 31 (2004) September, pp. 294-297

Presents Lauchlin Currie' views on the monetary aspects of the excess reserves problem which he gave at a board meeting on May 18, 1936.

Persistent link: https://www.econbiz.de/10004964062

Public spending as a means to recovery: August 6, 1936

Currie, Lauchlin - In: Journal of Economic Studies 31 (2004) September, pp. 298-309

Presents Lauchlin Currie's views on public spending as a means to recovery which originally appeared in a memorandum of April 6, 1936.

Persistent link: https://www.econbiz.de/10004964063

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