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In this document we analyze the evidence of daily seasonality found in the weekly price variations of food, beverages, and tobacco in the Metropolitan Area of Mexico City. Our research is based on the daily price quotes of 2,724 goods, collected by Banco de México for the Consumer Price Index...
Persistent link: https://www.econbiz.de/10010322604
English Abstract: This paper analyzes the evolution of economic history in the last 65 years. It argues that economic history has followed a path that goes from the strictly use of standard economics applied to economic past (i.e. cliometrics), to a general formal reflection of social history...
Persistent link: https://www.econbiz.de/10013010255
In this document we analyze the evidence of daily seasonality found in the weekly price variations of food, beverages, and tobacco in the Metropolitan Area of Mexico City. Our research is based on the daily price quotes of 2,724 goods, collected by Banco de México for the Consumer Price Index...
Persistent link: https://www.econbiz.de/10009655265
El objetivo de este trabajo es mostrar las similitudes que existen entre ciertos resultados formales de la dinámica no lineal y algunos productos teóricos de la escuela austríaca de economía. El análisis realizado de estas similitudes puede contribuir a arrojar cierta luz al estudio del uso...
Persistent link: https://www.econbiz.de/10005262824
Models of Bounded Rationality are often seen as more realistic than the traditional alternatives based on the fully-rational homo economicus, assumed by Expected Utility Theory (EUT). In his seminal paper on Bounded Rationality Simon (1955) pictured a decision maker as having computational...
Persistent link: https://www.econbiz.de/10004966338
The aim of this article is to expose some consequences of the standard theory of rationality, selected by its interest for the methodology. It will begin by the analysis of Popper’s claim of extending the economic rationality to all social sciences –the situational logic. It will continue...
Persistent link: https://www.econbiz.de/10004966342
The author reverts the current mainstream discussion of deflation hampering economic growth. The author first revises the definition inflation that is often misinterpreted. He shows that deflation is a natural phenomenon that often follows periods of unsustainable asset-price bubbles. He also...
Persistent link: https://www.econbiz.de/10008549712
Èlánek se zabývá deflací, zkoumá její pøíèiny a stanovuje její typologii. Na základì tohoto zkoumání ústí v závìr, že dokud ekonomie bude stavìt na subjektivitì užitku, který nelze meziosobnì srovnávat, bude poskytovat jediný závìr. Antideflaèní politika...
Persistent link: https://www.econbiz.de/10008549826
La implementación del Espacio Europeo de Educación Superior en España es uno de los mayores retos que ha afrontado la Universidad en este país. No obstante no se dispone de un plan oficial conjunto de adaptación, lo que ha conducido a cierta arbitrariedad en el proceso a cada Universidad....
Persistent link: https://www.econbiz.de/10008499821
The text considers one of the prevailing dilemmas for the time being practical valuers of assets are exposed to - the operability of market value in terms of International Valuation Standards. The issue is considered theoretically, practical impacts are outlined as well. Considering the...
Persistent link: https://www.econbiz.de/10005036677