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The thesis offers a new framework for inflation as a process of restructuring. Contrary to existing theories of inflation, which tend to take structure and institutions as given for the purpose of analysis, we argue that inflation could be understood only in terms of ongoing structural and...
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stable equilibrium is one in which the entire population will consist of altruists. …
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evolution equilibrium. It is based on arguments from the gradual vs. bang-bang tax reform controversy and from the debate on … trade-off. Basing on a general equilibrium model by T. Kehoe including production and taxes we provide a formal model of an … optimal macroeconomic policy design. Existence of equilibrium is established extending an analytical result which in a …
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evolution equilibrium. It is based on arguments from the gradual vs. bang-bang tax reform controversy and from the debate on … trade-off. Basing on a general equilibrium model by T. Kehoe including production and taxes we provide a formal model of an … optimal macroeconomic policy design. Existence of equilibrium is established extending an analytical result which in a …
Persistent link: https://www.econbiz.de/10010506636
evolution equilibrium. It is based on arguments from the gradual vs. bang-bang tax reform controversy and from the debate on … trade-off. Basing on a general equilibrium model by T. Kehoe including production and taxes we provide a formal model of an … optimal macroeconomic policy design. Existence of equilibrium is established extending an analytical result which in a …
Persistent link: https://www.econbiz.de/10009226168
, evolution, responsibility and justice, a new concept of economic activity emerges within nature. This leads to new …. Following the Introduction (Section 1), this paper explains the MINE project (Section 2) and introduces our methodology (Section …
Persistent link: https://www.econbiz.de/10012141444
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