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The search for co-integration between money, prices and income: low frequency evidence from the Turkish economy
Levent, Korap - Volkswirtschaftliche Fakultät, … - 2009
prices and money and real income, and that the exogeneity of money cannot be rejected for the currency in circulation in the … contemporaneous time series estimation techniques, our estimation results reveal that stationarity characteristics of the velocities … of currency in circulation and the broad money aggregate in the economy cannot be rejected through a quantity theoretical …
Persistent link: https://www.econbiz.de/10008497660
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Business Cycle Synchronisation in EU : A Time-Varying Approach
Degiannakis, Stavros Antonios - 2018
This paper investigates the time-varying correlation between the EU12-wide business cycle and the initial EU12 member-countries based on Scalar-BEKK and multivariate Riskmetrics model frameworks for the period 1980-2012. The paper provides evidence that changes in the business cycle...
Persistent link: https://www.econbiz.de/10012910120
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Economics and Theoretical Physics
Punabantu, Siize - Volkswirtschaftliche Fakultät, … - 2011
which to satisfactorily manage human development. The impact the price of oil has on the global economy is testimony to the …
Persistent link: https://www.econbiz.de/10009228914
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An Outline of the Existing Literature on Monetary Economics in India
Das, Rituparna - Volkswirtschaftliche Fakultät, … - 2010
As per the researchers on monetary economics, a detailed account of the changing role of money from Walrasian and Non …-Walrasian settings to the more recent theories on the dynamics of the relationships between money, inflation and growth with reference to …
Persistent link: https://www.econbiz.de/10008533251
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The Road to Market Serfdom: Why Economics is Not a Science and How to Fix it.
Freeman, Alan - Volkswirtschaftliche Fakultät, … - 2013
This paper was presented to the May 2013 conference of the Postglobalization Initiative in Moscow, and deals with the function of economics in the modern world order. It seeks to explain why, as a profession (notwithstanding individual exceptions) economics failed to predict the crisis that...
Persistent link: https://www.econbiz.de/10011260071
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How to end to the debt crisis in one month
Punabantu, Siize - Volkswirtschaftliche Fakultät, … - 2011
The modern economic theory implemented today is inherently flawed. Unfortunately these flaws are not apparent in contemporary economic theory which is built on the idea that scarcity is an ever present condition; an approach referred to as scarce resource theory (SRT) in operating level...
Persistent link: https://www.econbiz.de/10009203644
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Rejoinder to Duncan Foley and David Laibman
Kliman, Andrew; Freeman, Alan - Volkswirtschaftliche Fakultät, … - 2000
Article that appeared as Zarembka, P (ed) Economic Theory of Capitalism and its Crises, Research in Political Economy 18, pp285-93. Stanford, CT: JAI Press. (http://www.elsevier.com/wps/find/bookdescription.cws_home/621298/description#description) Responds to debate initiated in Research in...
Persistent link: https://www.econbiz.de/10005786935
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The Godless Religion: Economics, Equilibrium, and the Copernican Revolution
Freeman, Alan - Volkswirtschaftliche Fakultät, … - 2001
The paper argues that a formal, and fruitful, historical analogy can be drawn between economics and a religious hierarchy, most notably the mediaeval Catholic church. This idea was fully developed in Freeman (2007), ‘Heavens Above: what equilibrium means for economics’, in Mosini, V (ed)...
Persistent link: https://www.econbiz.de/10004991289
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Reply to some objections
Freeman, Alan - Volkswirtschaftliche Fakultät, … - 1998
capital arising from price changes and inventory adjustment. It establishes that the equilibrium interpretation of Marx …
Persistent link: https://www.econbiz.de/10005789965
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Between Two World Systems: A Response to David Laibman
Freeman, Alan - Volkswirtschaftliche Fakultät, … - 1999
Prepublication version of article that appeared as Zarembka, P (ed) Economic Theory of Capitalism and its Crises, Research in Political Economy 17, pp241-48. Stanford, CT: JAI Press. http://www.elsevier.com/wps/find/bookdescription.cws_home/621298/description#description This article formed part...
Persistent link: https://www.econbiz.de/10005835556