Showing 1 - 10 of 142
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 their historical evolution are available...
Persistent link: https://www.econbiz.de/10008533251
between Marx’s economics and post-Keynesian approaches in the field of money, credit and the rate of interest. Starting from …
Persistent link: https://www.econbiz.de/10008574607
This paper introduces a new monetary theory. A simple model is described in which a central bank sets the interest rate in a way that the excess demand for credits equals the preferred amount of money. It is compatible with the Keynesian liquidity preference theory and the neoclassical loanable...
Persistent link: https://www.econbiz.de/10011156995
The demand for cash balances of financial intermediaries that establish contractual liabilities with credit … credit quality, and hence, they are obliged to rely on deposit insurance and capital cushions in order to assure that their …
Persistent link: https://www.econbiz.de/10013160192
I provide a quick assessment of the effectiveness and potentialities of National Innovation Systems (NIS) in the Asia-Pacific for deeper economic integration. To this end,I formulate some preliminary policy suggestions aimed at enhancing the region’s overall innovation strategy. My approach...
Persistent link: https://www.econbiz.de/10011260082
This paper examines the benefits of regionally and globally diversified portfolios from the perspective of investors holding domestic-only portfolios from different Asia-Pacific countries. Three groups of regional portfolio are constructed, with sorting based on relative strength ranking...
Persistent link: https://www.econbiz.de/10011109444
The paper examines marketing patterns when interest and storage loss rates are greater in rural zones, representing informal sector storage usually on-farm, than in urban zones, representing formal sector storage off-farm. Empirical results indicate that divergences in interest and storage loss...
Persistent link: https://www.econbiz.de/10011212583
credit. The optimal consumer decision represents the trade-off between the propensity to search for beneficial insurance or … consumer credit, and marginal savings on insurance policy or consumer credit. Under price dispersion the indirect utility … insurance or the complete consumer credit. The comparative static analysis of the saddle point of the utility function discovers …
Persistent link: https://www.econbiz.de/10011267888
in which the banks learn the central bank’s true model and adjust their credit policies to existing regulatory regime …. However this adjustment also creates changes in the choice of credit. …
Persistent link: https://www.econbiz.de/10011271323
The paper looks at the impact of the exchange rate regime and the household’s choice of debt. One of the characteristics of economic transition in eastern European countries was an increase in overall debt holding. Standard economic theory assumes the relationship S=I. According to this...
Persistent link: https://www.econbiz.de/10011259026