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The rational expectations hypothesis: An assessment from Popper's philosophy

Ayala, Iván H.; Palacio-Vera, Alfonso - 2014

discuss its compatibility with two strands of Karl Popper's philosophy: his theory of knowledge and learning, and his …

Persistent link: https://www.econbiz.de/10010513064

Should we sustain? And if so, sustain what? Consumption or the quality of life?

Llavador, Humberto; Roemer, John E.; Silvestre, Joaquim - 2012

Development Reports, to include not only consumption, but also education, leisure, the stock of knowledge and the quality of the … hand, the stock of knowledge is twice as large, and education is four times as large. So if the true social welfare index … intensive ones, like knowledge, education, and leisure. …

Persistent link: https://www.econbiz.de/10010318844

Preference-dependent unawareness

Schipper, Burkhard C. - 2011

Morris (1996, 1997) introduced preference-based definitions of knowledge of belief in standard state-space structures … defining unawareness and knowledge in terms of preferences over acts in unawareness structures and showing their equivalence to … the epistemic notions of unawareness and knowledge, we try to build a bridge between decision theory and epistemic logic …

Persistent link: https://www.econbiz.de/10010282084

Which Way to Grow? Merging, Allying, or Buying Assets

Habib, Michel A.; Mella-Barral, Pierre - Institut für Schweizerisches Bankwesen <Zürich> - 2006

We characterize the conditions under which firms choose to (i) merge, (ii) form an alliance, or (iii) trade assets. For that prupose, we distinguish between the firms' assets (what can be traded in isolation), thei knowhow (what can be learned but not traded), and their core competencies (what...

Persistent link: https://www.econbiz.de/10005858361

Bundling of Services and Household Welfare in Developing Countries Using Panel Data: The Case of Peru

Chong, Alberto; Hentschel, Jesko; Saavedra-Chanduví, Jaime - 2004

Using panel data for Peru for the period 1994-2000, we find that when households receive two or more services jointly, the welfare increases of the household, as measured by changes in consumption, are larger than when services are provided separately. Such an increase appears to be more than...

Persistent link: https://www.econbiz.de/10010327181

Financing the capital development of the economy: A Keynes-Schumpeter-Minsky synthesis

Mazzucato, Mariana; Wray, Larry Randall - 2015

, innovations, and the advance of human knowledge-the rate of growth of capacity has slowed. The past quarter century witnessed the …

Persistent link: https://www.econbiz.de/10011545297

Macroeconomic effects of China's financial policies

Chen, Kaiji; Zha, Tao - 2018

The Chinese economy has undergone three major phases: the 1978-97 period marked as the SOE-led economy, the 1998-2015 phase as the investment-driven economy, and the new normal economy since 2016. All three economies have been shaped by the government financial policies, defined as a set of...

Persistent link: https://www.econbiz.de/10012030278

The financial requirements of achieving gender equality and woman's empowerment

Bahadur, Chandrika; Elson, Diane; Grown, Caren A.; … - 2006

Although the Millennium Development Goals (MDGs) have been ratified in global and national forums, they have not yet been incorporated into operational planning within governments or international organizations. The weak link between the policies and the investments needed for their...

Persistent link: https://www.econbiz.de/10010266495

Quick impact initiatives for gender equality: a menu of options

Grown, Caren A. - 2006

The UN Millennium Project identified a set of Quick Impact Initiatives (QIIs) for achieving the Millennium Development Goals (MDGs). According to the Millennium Project, QIIs are interventions to be implemented in the early years of an MDG scale-up strategy that generate rapid results. With...

Persistent link: https://www.econbiz.de/10010266562

Feminist-Kaleckian macroeconomic policy for developing countries

Seguino, Stephanie; Grown, Caren A. - 2006

This paper reviews evidence of the gender effects of globalization in developing economies. It then outlines a set of macroeconomic and trade policies to promote gender equity. The evidence suggests that while liberalization has expanded women's access to employment, the long-term goal of...

Persistent link: https://www.econbiz.de/10010274053