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Fabian Schnell develops a model indicating that by keeping real interest rates too low, monetary policy can distort the allocation of resources across firms and potentially delay economic recovery after a recession. This is a new channel of monetary policy that is especially relevant in view of...
Persistent link: https://www.econbiz.de/10012402085
Einführung in die Volkswirtschaftslehre -- Der Staat in der Wirtschaft -- Mikroökonomie – Theoretische Grundlagen I -- Mikroökonomie – Theoretische Grundlagen II -- Angewandte Mikroökonomie -- Makroökonomie – Volkswirtschaftliches Rechnungswesen -- Makroökonomie – Theoretische...
Persistent link: https://www.econbiz.de/10013516931
Einführung in die Volkswirtschaftslehre -- Der Staat in der Wirtschaft -- Mikroökonomie – Theoretische Grundlagen I -- Mikroökonomie – Theoretische Grundlagen II -- Angewandte Mikroökonomie -- Makroökonomie – Volkswirtschaftliches Rechnungswesen -- Makroökonomie – Theoretische...
Persistent link: https://www.econbiz.de/10014425003
, monetary theory, monetary framework debates, and the mathematical theory of banking. …
Persistent link: https://www.econbiz.de/10012106205
contribution to the field of monetary economics. Chapters include in-depth discussions of the revolutionary economic modelling …
Persistent link: https://www.econbiz.de/10012106247
Cambridge University has and continues to be one of the most important centres for economics. With nine chapters on … themes in Cambridge economics and over 40 chapters on the lives and work of Cambridge economists, this volume shows how … economics became established at the university, how it produced some of the world's best-known economists, including John …
Persistent link: https://www.econbiz.de/10012397510
This book explores the reasons behind Europe’s poor performance in terms of overall growth and its progressively diminishing role in the global context. Recognizing that the big challenge is to restore confidence and hope in Europe, potential solutions are discussed. The volume comprises a...
Persistent link: https://www.econbiz.de/10012402075
After tracing the causes of the global financial crisis, the book focuses on two fundamental systemic issues connected with its manifestation: financial-sector regulation and the problem of the dollar-centric international monetary system, both of which have been widely cited among the important...
Persistent link: https://www.econbiz.de/10012402116
Selected essays from the eminent economist, Wynne Godley, tracing the development of his work and illuminating the key theories and models that made his name. Essays focus not only on the stock-flow coherent approach, but also lay out Godley's views about the European Union and the stability of...
Persistent link: https://www.econbiz.de/10012106238
1. Introduction -- 2. John McCombie’s Contribution to the Applied Economics of Growth in a Closed and Open Economy -- 3 …. Why Neither Samuelson’s Neoclassical Synthesis Keynesianism Nor New Keynesianism Theory Is Compatible with Keynes …’s General Theory Explanation of the Cause of Unemployment -- 4. The Role of Commercial Banks and Financial Intermediaries in the …
Persistent link: https://www.econbiz.de/10012397154