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replaced in the following. The formal point of reference is ‘the integrated approach to credit, money, income, production and …
Persistent link: https://www.econbiz.de/10011258616
The aim of this paper was to verify if reminders of money influence the tendency to spend one’s resources on kin and … friends. Previous research on the mere exposure to money concentrated only on behaviors directed at anonymous partners …, especially close friends and relatives. This paper presents three experiments showing that subtle reminders of money decrease the …
Persistent link: https://www.econbiz.de/10011258795
add some historical and analytical perspectives to discussions about the future of money, banking and payments. For more …
Persistent link: https://www.econbiz.de/10011259028
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
money and prices- like the quantity theory one. What is necessary and important is that there should be a relation between … the growth rates of absolute outputs and money. Money affects output and employment. 2. Wages are not assumed to be rigid …. Given the level of employment, all people should work, “earn” money and hence “determine” output. 3. A one line conclusion …
Persistent link: https://www.econbiz.de/10011259485
Behavioral assumptions are not solid enough to be eligible as first principles of theoretical economics. Hence all endeavors to lay the formal foundation on a new site and at a deeper level actually need no further vindication. Part (I) of the structural axiomatic analysis submits three...
Persistent link: https://www.econbiz.de/10011259823
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
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
currency or an international central bank. This paper focuses on Hayek’s overall philosophy on international money mechanism … bank and his concerned over unstable arrangements in money mechanism,which, he believes, profoundly affects economic and …
Persistent link: https://www.econbiz.de/10011260508
The aim of this paper is to examine the influence of money attitude on the per- ception of own financial standing. The … typological approach to attitudes towards money was used, thus it concentrates on two instrumental (reflective managers and … detached hedonists) and two symbolic attitudes (anxious admirers and money repel- lers). People presenting various money …
Persistent link: https://www.econbiz.de/10011260745