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Urban congestion causes travel times to exhibit considerable variability, which leads to coordination problems when people have to meet. We analyze a game for the timing of a meeting between two players who must each complete a trip of random duration to reach the meeting, which does not begin...
Persistent link: https://www.econbiz.de/10011110915
, children are usually viewed as a potential source of income and as a time-related support in old age. However, investing in …
Persistent link: https://www.econbiz.de/10011107638
problem. This study analyses the effect of household income and savings on loan refusal and the intensity of loan refusal in … income and savings inversely relate to loan refusal and the intensity of loan refusal at their respective significance levels …. It is also shown that low-income and low-savings households are more likely to be discouraged from loan applications than …
Persistent link: https://www.econbiz.de/10011110329
replaced in the following. The formal point of reference is ‘the integrated approach to credit, money, income, production and … demonstrated that the accounting approach could do even better provided it frees itself from theoretically ill-founded notions like … GDP and other artifacts of the equilibrium approach. National accounting as such does not provide a model of the economy …
Persistent link: https://www.econbiz.de/10011258616
Marx, after his epistemological break described by Althusser. The accounting practice of defining and measuring income and … for converting quantities of labour-time in terms of money, which accounts for explicit and implicit costs, is proposed. …
Persistent link: https://www.econbiz.de/10011259412
the pure consumption economy. The geometrical analysis makes the interrelations between income, profit and employment …
Persistent link: https://www.econbiz.de/10011259823
Economists are fond of the physicists’ powerful tools. As a popular mindset Toolism is as old as economics but the transplants failed to produce the same successes as in their aboriginal environment. Economists therefore looked more and more to the math department for inspiration. Now the tide...
Persistent link: https://www.econbiz.de/10011260316
This paper attempts to look at the trends in income, money, and prices in Pakistan over the years. In addition, we also … a little role of money in changing income as well as prices. On the other hand, money seems to be significantly affected … 1970s. However, these expansions can be attributed to phenomenal expansions in prices. Real income, on the other hand …
Persistent link: https://www.econbiz.de/10005790412
This study re-examines the causal relations between money and the two variables, i.e., income and prices. Using annual … causal relations between real money and real income, between nominal money and nominal income, and between nominal money and … prices. The analysis indicates, in general, the long run relationship among money, income, and prices. The analysis further …
Persistent link: https://www.econbiz.de/10005835538
This paper re-examines the causal relationship between money and income and between money and prices in Pakistan. Using …-integration analysis indicates, in general, the long run relationship among money, income, and prices. The Error Correction and Granger … Causality framework suggest a one way causation from income to money in the long run implying that probably real factors rather …
Persistent link: https://www.econbiz.de/10005836688