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This is a prepublication version of the German language version of the entry on ‘Money’ (‘Geld’) in the ‘Historisch Kritisch Wörterbuch des Marxismus’, a comprehensive dictionary of Marxist terminology being produced as an accompaniment to the Marx-Engels-Gesamt-Arbeite (Marx-Engels...
Persistent link: https://www.econbiz.de/10005619742
opinions that the inflation target chosen at 2% by ECB for the Eurozone is too low, thereby making the whole MPS excessively … restrictive. I conclude observing that the “core” inflation-target of 2% is in fact at the very basis of the ECB non …, since the inflation target wasn’t in any jeopardy, the European Central Bank didn’t do anything. Maintaining the goal of …
Persistent link: https://www.econbiz.de/10011259088
The steps in this paper are: (1) to recall the S = I relation and its position in macro-economics, (2) to observe how this equation is very relevant again with the renewed relunctance of banks to finance investments, (3) to point out that consumer durables are investments too, (4) to highlight...
Persistent link: https://www.econbiz.de/10005836404
inflation pressures in the future, as well as by possible pressures on its nominal exchange rate depreciation. …
Persistent link: https://www.econbiz.de/10008476360
A win-win measure that will contribute to getting us out of the crisis is the abolition of the tax void in OECD countries. The tax void is explained with graphics and it is shown how it can be eliminated for free. Adjustment costs will lie in understanding and adaptation of administrative...
Persistent link: https://www.econbiz.de/10005070466
, a protracted period of high unemployment or high inflation and continued instability can be expected. Instead, macro …
Persistent link: https://www.econbiz.de/10005619928
In the midst of the current financial crisis the economics profession has seen a monumental resurrection of Keynesian ideas. The debate, which Keynes started back in the 1930s, is being picked up again, not where it left off, but in exactly the same place it started. While Keynesian theories...
Persistent link: https://www.econbiz.de/10009151291
The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high …
Persistent link: https://www.econbiz.de/10011108214
were characterized by rapid growth without major contractions, by an increase in liquidity, a lack of inflation, and a …
Persistent link: https://www.econbiz.de/10011110198
inflation to rise in the short term. Our results also suggest that the effects on aggregate supply have grown stronger in recent …
Persistent link: https://www.econbiz.de/10011111503