Showing 1 - 10 of 75
Although little talked about in contemporary economics, the collection of principles popularly known as Say‟s Law were profoundly influential upon economists of the classical era. Kates (1997), who has quite a bit to say on the subject and receives much attention here, ascribes such importance...
Persistent link: https://www.econbiz.de/10011259470
Oil price behavior has changed dramatically in the last twenty years. These changes can be explained rather simply in terms of the delayed responses of supply and demand to prices, and in terms of changes in the rate of discovery of reserves. This analysis can be used to forecast possible future...
Persistent link: https://www.econbiz.de/10005836067
industrial production index and domestic price of cocoa beans are key determinants of domestic demand for cocoa beans in Malaysia …
Persistent link: https://www.econbiz.de/10008497673
I study connected manifolds and prove that a proper map f: M - M is globally invertible when it has a nonvanishing Jacobian and the fundamental group pi (M) is finite. This includes finite and infinite dimensional manifolds. Reciprocally, if pi (M) is infinite, there exist locally invertible...
Persistent link: https://www.econbiz.de/10005619308
While the paper lacks a formal abstract, it draws the important distinction between stocks and flows in supply and demand to better understand the business cycle.
Persistent link: https://www.econbiz.de/10008567636
A double auction game with an infinite number of buyers and sellers is introduced. All sellers posses one unit of a good, all buyers desire to buy one unit. Each seller and each buyer has a private valuation of the good. The distribution of the valuations define supply and demand functions. One...
Persistent link: https://www.econbiz.de/10011113928
The central point of this paper is the demonstration that there is a real world supply and demand theory, supported by an estimate of the US aggregate supply curve. The fundamental idea is that demand and supply interaction is the smallest economic act, an act without which there would be no...
Persistent link: https://www.econbiz.de/10011207092
. This initiated a debate on the determinants of the recent inflation. Some blamed fiscal policy or monetary policy, while …, adopting an econometric framework, focuses on the identification of the main determinants of recent inflation trends. Using …-Godfrey Serial Correlation LM and Augmented Dickey-Fuller tests, it finds that the most important determinants of inflation in 2005 …
Persistent link: https://www.econbiz.de/10005079321
number of boys’ school ratio are identified as important determinants of overall gender inequality in Pakistan and gender …
Persistent link: https://www.econbiz.de/10005079330
link between profitability and certain external and interns' determinants of European banking system. Following a … structure compared to the variation of certain determinants. xxxxxxxxxxxxx Ce papier analyse la rentabilité des banques dans six … pays européens entre 1994 et 1997. Nous nous proposons de réexaminer le lien entre la rentabilité et certains déterminants …
Persistent link: https://www.econbiz.de/10005015590