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Civilización, economía y orden espontaneo: La inviabilidad evolutiva del socialismo

Rodríguez González, Guillermo - Volkswirtschaftliche Fakultät, … - 2011

The purpose of this paper is to explain the scope of evolutionary infeasibility of socialism in the broad sense, in light of the theory of spontaneous order of F. A. Hayek. To that end we will study the redefinition of socialism in the context of evolutionary praxeology, we apply the theory of...

Persistent link: https://www.econbiz.de/10008871172

An evaluation of simple forecasting model selection rules

Fildes, Robert; Petropoulos, Fotios - Volkswirtschaftliche Fakultät, … - 2013

, including the size of the pools of methods under consideration, the stability of methods’ performance and the correlation …

Persistent link: https://www.econbiz.de/10011259132

Stability analysis of Uzawa-Lucas endogenous growth model

Barnett, William A.; Ghosh, Taniya - Volkswirtschaftliche Fakultät, … - 2013

. We examine the stability properties of both versions of the model and locate Hopf and transcritical bifurcation … monotonic stability to damped periodic stability or from damped periodic to damped multiperiodic stability. There are not only … an infinite number of kinds of unstable dynamics, some very close to stability in appearance, but also an infinite number …

Persistent link: https://www.econbiz.de/10011260401

Central bank independence: monetary policies in selected jurisdictions (I)

Felix, Ayadi; Marianne, Ojo - Volkswirtschaftliche Fakultät, … - 2013

the Fed Reserve' s key macroeconomic objectives - maximum employment and price stability, is notable in several situations … procedures and approvals, could result in more serious problems which would aggravate the stability of the economy and financial … between central bank independence and price stability, as well as how such a relationship varies between different …

Persistent link: https://www.econbiz.de/10011261038

On the (IR) Relevance of Monetary Aggregate Targeting in Pakistan: An Eclectic View

Haider, Adnan; Jan, Asad; Hyder, Kalim - Volkswirtschaftliche Fakultät, … - 2012

aggregate is considered as the nominal anchor. The stability of the money demand has been the focus of numerous debates due to …

Persistent link: https://www.econbiz.de/10011261168

Shaky emerging economies in view of the global financial crisis: the Turkish economy after three decades of liberal reforms

Ulgen, Faruk - Volkswirtschaftliche Fakultät, … - 2010

In the wake of the global change of a new accumulation regime in main capitalist economies, the opening up and liberalisation process of emerging economies from the 1980s has provoked great expectations that resulted in recurrent disappointing crises. Studied as a stylized fact, the Turkish...

Persistent link: https://www.econbiz.de/10009402058

Hopf bifurcation in a environmental defensive expenditures model with time delay

Russu, Paolo - Volkswirtschaftliche Fakultät, … - 2009

partly to increase the capital stock. The stability and existence of Hopf bifurcation are investigated. It is that stability … fluctuate. Formulas about the stability of bifurcating periodic solution and the direction of Hopf bifurcation are exhibited by …

Persistent link: https://www.econbiz.de/10009360265

An Evolutionary Model of Economic Growth

Polterovich, Victor; Henkin, Gennadi - Volkswirtschaftliche Fakultät, … - 1990

We propose an evolutionary equation and develop an asymptotic theory that generalize results obtained in Polterovich, Khenkin, 1988. It is shown that, as a result of interaction between innovation and imitation, the shape of the efficiency distribution curve of technologies eventually...

Persistent link: https://www.econbiz.de/10008592990

Wise exploitation – a game with a higher productivity than cooperation – transforms biological productivity into economic productivity.

Friedrich, T. - Volkswirtschaftliche Fakultät, … - 2009

I suggest a new game called wise exploitation. It is characterized by a small investment of the exploiting party to either breed the exploited party or educate the exploited party not to detect exploitation. Thereby a higher productivity than cooperation or prisoners´ dilemma is achieved. The...

Persistent link: https://www.econbiz.de/10008595615

Central banks and different policies implemented in response to the recent Financial Crisis

Ojo, Marianne - Volkswirtschaftliche Fakultät, … - 2010

illustrated the prominent position which the goal of promoting financial stability has assumed over that of the prevention or …

Persistent link: https://www.econbiz.de/10008693548