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Religion, Economy, and State : Economic Thought of Al-Mawardi in Adab Al-Dunya Wa-Al-Din
Jaelani, Aan - 2016
The relation between religion, economy and the country became a major topic in the development of public welfare systems. Humans are political creatures that have the potential to realise the level of moral conscience to meet the needs of a better life, but humans as spiritual beings must have a...
Persistent link: https://www.econbiz.de/10012987223
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Monetary policy in disarray
Tatom, John - Volkswirtschaftliche Fakultät, … - 2011
Monetary policy has become difficult to characterize or follow since 2007. A debate as to whether interest rate targets or monetary aggregate targets are better indicators of policy and prospective outcomes has given way to a new credit policy built on inflating the Federal Reserve (Fed) balance...
Persistent link: https://www.econbiz.de/10009367961
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Friedman and Divisia Monetary Measures
william, barnett - Volkswirtschaftliche Fakultät, … - 2013
becomes relevant to monetary policy in all macroeconomic traditions, including New Keynesian economics, real business cycle …
Persistent link: https://www.econbiz.de/10011260064
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On the (IR) Relevance of Monetary Aggregate Targeting in Pakistan: An Eclectic View
Haider, Adnan; Jan, Asad; Hyder, Kalim - Volkswirtschaftliche Fakultät, … - 2012
This study investigates and searches for a stable money demand function for Pakistan’s economy, where monetary aggregate is considered as the nominal anchor. The stability of the money demand has been the focus of numerous debates due to evolving financial innovations and regulations. Earlier...
Persistent link: https://www.econbiz.de/10011261168
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New Monetarist Economics: Models
Williamson, Stephen D.; Wright, Randall - Volkswirtschaftliche Fakultät, … - 2010
he purpose of this paper is to discuss some of the models used in New Monetarist Economics, which is our label for a … Monetarism is that solid microfoundations are critical for understanding monetary issues. We survey recent papers on monetary …
Persistent link: https://www.econbiz.de/10008592993
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Unrestrained Credit In A Credit Economy, The Credit Cycle, And Fiat Money Defy Monetarism In The Attempt to Control Price Level Changes
Salvary, Stanley C. W. - Volkswirtschaftliche Fakultät, … - 2008
Monetarists maintain that changes in the price level are attributable to the level of the money supply. Hence, price stability has been the rationale for the money supply rule derived from the Quantity Theory of Money. Consequently, to curb inflation, the general price level index is the lever...
Persistent link: https://www.econbiz.de/10005789682
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Stagflation and the Rejection of Keynesian Economics: A Case of Naive Falsification
Zinn, Jesse - Volkswirtschaftliche Fakultät, … - 2013
with the would-be anomaly of stagflation. Furthermore, Keynesian economics exhibited both theoretical and empirical … classical economics did not yield such progress. Also, as Keynesian economics tends to adopt novel findings and research methods …, new classical economics does not have excess theoretical or empirical content relative to the Keynesian research program …
Persistent link: https://www.econbiz.de/10011108052
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Cause and cure of the crisis
Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2014
Keynesianism first to monetarism and then to neoliberalism, and now ‘muddling through’. The deregulation of financial markets …
Persistent link: https://www.econbiz.de/10011108214
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Монетаристко развитие на теорията на търсенето на пари
Sedlarski, Teodor - Volkswirtschaftliche Fakultät, … - 2012
This article suggests a possible approach to the explanation of the monetarist money demand theory and the related policy implications in the teaching of History of economic thought. For the purpose of better understanding Milton Friedman’s contribution the emphasis is put on the conceptual...
Persistent link: https://www.econbiz.de/10011112567
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Money aggregates and economic activity during the Great Depression and 2007-11
Belliveau, Stefan - Volkswirtschaftliche Fakultät, … - 2012
This working paper examines monetary aggregates as means of explaining economic activity. Comparative analysis of the Great Depression and the years 2007-11 is used to test the explanatory power of monetary aggregates in accordance with their use in monetarist explanations of the Great...
Persistent link: https://www.econbiz.de/10011114234